Multi Family

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1968 W 2ND Avenue
Kitsilano Vancouver V6J 1J3

$13,888,000
Multi-Family Commercial

Main Photo: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 1: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 2: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 3: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 4: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 5: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 6: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 7: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 8: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 9: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 10: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
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Photo 12: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 13: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 14: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 15: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 16: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 17: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 18: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 19: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 20: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 21: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 22: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 23: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 24: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 25: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 26: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 27: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 28: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 29: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 30: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Photo 31: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8034145
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8034145
Build. Type:
Low Rise (2-4 stories)
PRIME KITSILANO LOCATION. BEAUTIFULLY RENOVATED 24 UNIT BUILDING on a HUGE 100' x 120' LOT with UNDERGROUND PARKING! This walk up building offers updated windows, plumbing, electrical, deck and railings and more. All suites are nicely appointed with new full kitchens and dishwashers, in suite laundry, new bathrooms, laminated floors and individual electrical panels. There are 17 underground parking stalls and 5 open at rear for a total 23 parking stalls. There are also 23 secured storage lockers. Superb tenants in place. The 2019 NOI is approx. $416,343. This building is in turn key condition, better than most strata properties. Please call be a package and information, allow notice to tour. PLEASE ENSURE THAT NO ONE ENTERING PROPERTY HAS COVID SYMPTOMS, MASK MUST BE WORN AT ALL TIMES.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Concrete, Wood Frame, Mixed
Building Type:
Low Rise (2-4 stories), Residential Mix, Multiple Tenant/Multi-Plex (5+)
# Units:
24
# Storeys:
3.0
Year built:
1968 (Age: 52)
Total Floor Area:
15,009 sq. ft.
Land Use/Zoning:
RM-4
Taxes:
$37,674.52 / 2019
# Elevators:
0
HVAC:
None
Env Assmt Phase:
None
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 Sutton Group-West Coast Realty
Data was last updated September 28, 2020 at 03:05 PM (UTC)
Bruce Long CCIM, FRI, PREC
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