- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8061421
- Build. Type:
- Low Rise (2-4 stories)
- Photos (40)
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Multi-Family Building available in Prime Downtown Hope Location. This complex has been meticulously maintained over the years and has a stable tenant profile. No problems ever getting vacancies filled here. The building features 3 levels with 17 units in total. 8 one bedroom units and 9 two bedroom units, give you healthy mixture of tenants. Great opportunity for a new owner to improve the building over time on tenant turn over and increase rents to market rent. The building is projected to Net $106K this year giving you a very stable 3.95% Cap Rate for the building. For more information please contact the Listing Agent.
- Sale Type:
- Asset
- Construction:
- Wood Frame
- Building Type:
- Low Rise (2-4 stories), Multiple Tenant/Multi-Plex (5+)
- Name of Complex/Subdivision:
- Signup
- # Units:
- 17
- # Other Units:
- Signup
- # of Apartments:
- 17
- # of 1 Bedroom Apartments:
- 8
- # of 2 Bedroom Apartments:
- 9
- # Storeys:
- 3.0
- Total Floor Area:
- 12,500 sq. ft.
- Lot Area:
- 15,196 sq. ft.
- Land Use/Zoning:
- CBD
- Permitted Use:
- Multifamily (5+)
- Taxes:
- $11,499.38 / 2023
- Balconies, Laundry Facility
- Services Connected:
- Cable, Electricity, Garbage Collection, Natural Gas, Sanitary Sewer, Sewer - Storm
- Water Supply:
- Municipal
- HVAC:
- Baseboard, Hot Water
- Roof:
- Signup
- Sewer Septic:
- Municipal/Community
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Listed by Keller Williams Ocean Realty and RE/MAX Westcoast
Data was last updated December 1, 2024 at 05:10 PM (UTC)
- Bruce Long CCIM, FRI, PREC
- MACDONALD COMMERCIAL R.E.SERV.
- 1 (604) 3122000
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2024 by the Greater Vancouver REALTORS®,
Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.