Multi Family

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2175 CAMBRIDGE Street
Hastings Vancouver V5L 1E4

$1,980,000
Multi-Family Commercial

Main Photo: 2175 CAMBRIDGE Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037480
Photo 1: 2175 CAMBRIDGE Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037480
Photo 2: 2175 CAMBRIDGE Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037480
Photo 3: 2175 CAMBRIDGE Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037480
Photo 4: 2175 CAMBRIDGE Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037480
Photo 5: 2175 CAMBRIDGE Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037480
Photo 6: 2175 CAMBRIDGE Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037480
Photo 7: 2175 CAMBRIDGE Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037480
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Photo 17: 2175 CAMBRIDGE Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037480
Photo 18: 2175 CAMBRIDGE Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037480
Photo 19: 2175 CAMBRIDGE Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037480
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Photo 21: 2175 CAMBRIDGE Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037480
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8037480
Build. Type:
Multiple Tenant/Multi-Plex (5+)
"You drive by, and could never imagine what a jewel there is behind it!" BEST DESCRIBES 2173-2175 Cambridge St. IT is a legal duplex, with the main house originally built in 1932. Zoning is multi residential. 15 years ago, completely gutted the house, rebuilding it from the foundation up! Everything is new except some of the original siding (not only with permits) but spending extra to ensure it was well built. The addition was built by a general contractor 8 years ago. NEW ROOF last November 2020. 2175 has 3 suites; 2x2 bedrooms, and a 1 bedroom. 2173 has two suites, a bachelor & a 1 bedroom (both are small suites). The property for the most part has a high fence (6') around it. It's very clean, well maintained, private property. Though there are 5 suites, it's rare to see, or hear much going on. A block away is a bus stop, the bus comes every 10 minutes, and gets you downtown in under 10 minutes. Commercial Dr, Hastings & Nanaimo hub is walking distance. Good income now and has potential to increase!!
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Multiple Tenant/Multi-Plex (5+)
# Units:
5
# Storeys:
2.0
Year built:
1932 (Age: 89)
Total Floor Area:
3,000 sq. ft.
Land Use/Zoning:
RM-3A
Taxes:
$6,471.01 / 2020
HVAC:
Baseboard, Electric
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 RE/MAX Sabre Realty Group
Data was last updated April 18, 2021 at 02:10 PM (UTC)
Bruce Long CCIM, FRI, PREC
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