Multi Family

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4175 FRASER Street
Fraser VE Vancouver V5V 4E9

$3,890,000
Multi-Family Commercial

Main Photo: 4175 FRASER Street in Vancouver: Fraser VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8059091
Photo 1: 4175 FRASER Street in Vancouver: Fraser VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8059091
Photo 2: 4175 FRASER Street in Vancouver: Fraser VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8059091
Photo 3: 4175 FRASER Street in Vancouver: Fraser VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8059091
Photo 4: 4175 FRASER Street in Vancouver: Fraser VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8059091
Photo 5: 4175 FRASER Street in Vancouver: Fraser VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8059091
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Photo 22: 4175 FRASER Street in Vancouver: Fraser VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8059091
Photo 23: 4175 FRASER Street in Vancouver: Fraser VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8059091
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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8059091
Build. Type:
Mixed Use
Rare Opportunity On Fraser Street! Meticulously maintained complex with 4 updated residential units above plus a thriving retail space below . Each residential unit is fully leased, plus the added bonus of a solid commercial tenant who seeks long-term occupancy, giving ensuring stability in income generation. Individual amenities include radiant heating, hot water tanks and in-suite electrical panels, prioritizing tenant convenience. Additional features include common pay laundry facilities, security cameras, and exterior lighting. Completing the package, this property offers four exterior parking spots for residential use. Positioned for immediate income and future potential, this mixed-use building also presents an outstanding opportunity for redevelopment or strategic land assembly. Don't miss out on enriching your investment portfolio!
Sale Type:
Asset
Construction:
Concrete Block, Wood Frame, Mixed
Building Type:
Mixed Use
Name of Complex/Subdivision:
# Units:
6
# Other Units:
# of Appartments:
4
# of Studio Appartments:
0
# of Penthouse Appartments:
0
# of Bachelor Appartments:
0
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
3
# of 2 Bedroom Appartments:
1
# of 3 Bedroom Appartments:
0
# Storeys:
3.0
Year built:
1989 (Age: 35)
Total Floor Area:
7,432 sq. ft.
Lot Area:
3,467 sq. ft.
Lot Depth:
108.1
Lot Frontage:
32'1¼"
Land Use/Zoning:
C-2
Permitted Use:
Mixed Use, Residential
Taxes:
$19,648.6 / 2023
Balconies, Dock Loading, Laundry Facility, Paved Yard, Secured Building, Storage
# Docks:
1
# Loading Doors:
1
Services Connected:
Fully Serviced
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
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Listed by Sotheby's International Realty Canada (Vic2) and Hewett Homes
Data was last updated May 20, 2024 at 11:10 AM (UTC)
Bruce Long CCIM, FRI, PREC
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