855 861 Pender Street, Vancouver BC

This Strathcona property is one-of-a-kind, boasting 4 units in 2 houses on a single lot. It presents a great investment opportunity, generating an impressive $120,000 in annual gross revenue and a net operating income exceeding $102,000. Excellent value, priced at a 4.5% Cap Rate. The property has undergone numerous upgrades, including metal roofs, extensive landscaping, complete renovations of 2 units with new kitchens and bathrooms, and newer gas fireplaces / heaters in all units. The tenants are exceptional and would prefer to stay. Each unit features 2 bedrooms or 2 bedrooms with a loft.

House for sale in Strathcona, Vancouver. This 8 bedroom, 4 bathroom home offers 3,662 sq ft of living space and was built in 1901. Located in Strathcona, Vancouver. Home style: Residential Detached. Parking: None. Building amenities include Shopping Nearby, Private Yard, In Unit, Common Area. Features: Washer/Dryer, Dishwasher, Refrigerator, Cooktop. Annual property taxes: $4,585 (2022). This home includes two secondary suites with separate entry — ideal as a mortgage helper or in-law suite. Listed by TRG The Residential Group Realty — MLS® #R2787307.

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