304 7240 Lindsay Road
Richmond
MLS®: R2605393
2 Bed , 1 Bath , 838 Sq.ft , Apartment Unit
$274,900

Description

Best investment product for smart investor. Better than investing in mutual funds. Stable long-term income with an annual net return of 4.5% to 5%. OWNER SPENT OVER $60,000 ON RENOVATION! Great location close to Thompson Community Centre, shopping, transit and much more. Popular West Richmond location, across from Burnett Secondary School and walk to McKay Elementary School. Maintenance fee includes property taxes, heat, hot water. Prepaid-Leasehold expire in Dec 2087. Enjoy high annual rental receivable for $19,000 with allowable increase for 66 years! For sure you can also enjoy it as a home with the high-end renovation with porcelain floor tile in living room, porcelain wall & granite countertop in kitchen and bath, laminate floor in bedrooms after the current tenancy.

Features
  • Range Top
  • Refrigerator
MLS® R2605393
Home Style 1 Storey
Beds 2
Baths 1
Size 838 Sq.Ft.
Built 1974
Maintenance Fee $590.30/mo