REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,480,000
Est. payment | /mo
6,534 Sqft Lot
$ 4,480,000
Est. payment | /mo
6,534 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8069727
Year Built 1953
Lot Size 6,534 Sqft
Property Sub-Type Multi Family
Property Description
An incredible opportunity to own a well-maintained, partially updated 8-unit building in the heart of Marpole! Situated on a sunny 50' x 130' corner lot lined with beautiful cherry blossom trees, this property offers a turnkey investment with a gross annual income of $200,000. The building comprises a diverse mix of unit layouts, including three 3-bedroom units, four 2-bedroom units, and one bachelor suite, all of which are bright corner units with fantastic natural light. Suites are in excellent condition, ensuring strong rental appeal. Located in a prime Marpole location, this property offers easy access to transit, parks, YVR Airport, and downtown Vancouver. Positioned within the Marpole Community Plan, this is not just an income-generating asset but also a strategic long-term investment.
Location
Province BC
Community Marpole
Area Vancouver West
Zoning RM-3A
Exterior
Roof Type Asphalt
Building
Story 3
Others
Ownership Freehold
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "