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$449,000
407 8120 COLONIAL DRIVE
Richmond, British Columbia, British Columbia, V7C4V2
MLS® Number: R3004514
Property description
Investor Alert! Seize this exceptional investment opportunity with a Cap Rate of 4.2% in Richmond's desirable Boyd Park neighbourhood. This 2 bedroom + den, 1 bathroom condo offers 687 square ft of well-designed living space, making it an ideal addition to any rental portfolio. Fantastic tenants and great monthly rent ($2275) on a long term lease (fixed until May 2027) equals piece of mind. Outdoor pool and well-maintained grounds provides added value. Strong rental demand in the area means low vacancy rates and long-term appreciation. Near the West Dyke Trail, IB Hugh Boyd Secondary and Safeway. One parking included. *some photos virtually staged* OPEN HOUSE SAT May 24th from 2-4pm.
Building information
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Land information
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Courtesy of Stilhavn Real Estate Services
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