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$ 3,380,000
Est. payment | /mo
4,791 Sqft Lot
$ 3,380,000
Est. payment | /mo
4,791 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8070569
Year Built 1996
Lot Size 4,791 Sqft
Property Sub-Type Multi Family
Property Description
Prime investment opportunity in the heart of Granville South's future development! This well-maintained 10-unit multifamily building, built in 1996, sits on 4940 sq ft lot at Granville & 71st. Featuring 4 levels with an elevator, 8 parking stalls and recent roof upgrades. All units have individual hot water tanks and tenants pay their own hydro, keeping maintenance low. Generates approx. $160,000 annual gross income with long-term stable tenants. Zoned RM-3A under the Marpole Community Plan, offering excellent holding or redevelopment potential with increased density options (verify with City). Ideal location minutes to YVR, Hwy 91, and Downtown Vancouver. Don't miss this rare chance to own a revenue-generating property in a prime future redevelopment area!
Location
Province BC
Community Marpole
Area Vancouver West
Zoning RM-3A
Exterior
Roof Type Asphalt
Total Parking Spaces 8
Building
Story 4
Sewer Public Sewer
Water Public
Others
Ownership Freehold
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