$1,599,000
About this Multi-Family Commercial
Revenue Property with Future Redevelopment Potential. Priced below BC Assessment of $1,683,000. Features 3 suites with 3 kitchens, 9 bedrooms, and 6 bathrooms, generating over $100,000/year in gross revenue (4.5% cap rate). Renovated in 2011 with updates including roof, plumbing, wiring, 200-amp electrical service, drainage, and more. Situated on a deep lot 33' x 128.5' (4,240 sq.ft.), C-1 zoned lot allowing mixed-use development up to 1.2 FSR. Located within the Transit-Oriented Area (TOA) near 29th Avenue SkyTrain Station, offering future assembly and redevelopment potential. Please allow time for showings.
Listed by Oakwyn Realty Ltd..
Browse PhotosFeatures
- Type: Multi-Family Commercial
- Sub Type: Multi Family
- Year Built: 1908
- Taxes: $8274.62
- Parking: 4 total
- Zoning: C-1
Contact Brian to inquire about this Multi-Family Commercial !
778.829.1105
Photos
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Board of Greater Vancouver which assumes no responsibility for its accuracy.