839 HEATLEY AVE

  • 839 HEATLEY AVE - Mount Pleasant VE House/Single Family for sale, 11 Bedrooms (V1088977) #1
  • 839 HEATLEY AVE - Mount Pleasant VE House/Single Family for sale, 11 Bedrooms (V1088977) #2
  • 839 HEATLEY AVE - Mount Pleasant VE House/Single Family for sale, 11 Bedrooms (V1088977) #3
  • 839 HEATLEY AVE - Mount Pleasant VE House/Single Family for sale, 11 Bedrooms (V1088977) #4

Found a cash-cow residual income investment and managed to beat out 3 others to get this property still at a great price in Vancouver! This property, originally owner-occupied, had a whoppping 11 (or more) bedroom in total. Perfect layout for a substantial streamline income for investors. Main level's 1 bedroom suite was rented at $850 & 2 bedroom suite at $1250. There are also 3 kitchens and piping ready for more. Including all the currently owner occupied bedrooms, there are 11 doors for rent. There are some fixing up to do, but the constant income is definitely worth it.
Grossing over $74,000/annum, this property is at 7.66% CAP. with conventional financing, it obtains 21.87% cash-on-cash return.If you looking for an investment but like to sleep at night without a heart attack on market volatility. Please get in touch and we'll discuss portfolio structure for residential or commercial investment.

839 HEATLEY AVE
House/Single Family
$980,000
October 2014
Vancouver East
Mount Pleasant VE
V1088977
Macdonald Realty Westmar
2,614
11
4
1989
0
$0.00
$0
0

Request More Information

Daniel Yu Personal Real Estate Corporation RE/MAX Real Estate Services Phone: 604-263-2823 Mobile: 604-671-0700 Fax: 604-263-1057