Multi Family

1430 NAPIER Street
Grandview Woodland Vancouver V5L 2M5

$4,499,900
Multi-Family Commercial

Main Photo: 1430 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8028538
Photo 1: 1430 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8028538
Photo 2: 1430 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8028538
Photo 3: 1430 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8028538
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Photo 16: 1430 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8028538
Photo 17: 1430 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8028538
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Photo 19: 1430 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8028538
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8028538
Build. Type:
Low Rise (2-4 stories)
Hello investors ?? This is a very rare and unique opportunity to own 6 income generating townhomes sitting pretty on a corner lot in East Van. Close to Commercial drive with insane long term potential. Deals like this don't come up often. Priced below assessed value with a CAP RATE of 3.78%, Net Operating Income of $165,000. Total income for 2018 was $192,954. Great tenants already in place. The lot has serious holding potential being 88 feet wide by 32 feet deep and on the corner of Napier and McLean. Lots of upgrades over the years. Supporting documents available upon request. Open house for 1430 Saturday Oct 19th 2:00-4:00pm. Docs package avail upon request.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
6
# Storeys:
4.0
Year built:
1912 (Age: 107)
Total Floor Area:
7,670 sq. ft.
Land Use/Zoning:
RM-4
Taxes:
$12,664.29 / 2019
Laundry Facility, Storage
# Elevators:
0
Water Supply:
Municipal
Env Assmt Phase:
Phase/Stage 1
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
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Listed by Keller Williams Elite Realty
Data was last updated November 18, 2019 at 04:00 AM (UTC)
Bruce Long CCIM, FRI
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