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$ 3,380,000
Est. payment | /mo
7,200 SqFt
$ 3,380,000
Est. payment | /mo
7,200 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $469
MLS® Listing ID C8070569
Year Built 1996
Lot Size 4,940 Sqft
Acres 4940.0
Source Greater Vancouver REALTORS®
Property Description
Well-maintained 10-unit multifamily building in the heart of Granville South's upcoming redevelopment area. Built in 1996 on a 4,940 sq ft lot at Granville & 71st, this 4-level property with elevator features 8 parking stalls and recent roof upgrades. The building includes one bachelor suite and nine spacious one-bedroom units ranging from 380 sq ft to 480 sq ft, each with its own hot water tank. Tenants pay their own hydro, ensuring low maintenance costs. Generates approximately $160,000 annual gross income with long-term stable tenants. Zoned RM-3A under the Marpole Community Plan, offering excellent holding income and future redevelopment potential with increased density options (verify with City). Minutes to YVR Airport, Hwy 91, and Downtown Vancouver. Don't miss this rare chance to own a revenue-generating property in a prime location primed for future growth. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by Royal Pacific Riverside Realty Ltd.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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