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$ 4,980,000
Est. payment /mo
New
2556 W 4TH AVENUE Vancouver, BC V6K1P6
7,400 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,400 sqft
Price per Sqft $672
MLS® Listing ID C8069750
Year Built 1947
Lot Size 5,050 Sqft
Acres 5050.0
Source Greater Vancouver REALTORS®
Property Description
Quality, Updated Kitsilano Walk-Up Apartment Building located on South side of W 4th Ave between Larch & Trafalgar on 50' X 101' RM-4 Lot. Bldg contains 11 Suites: 5 Bachelor Units, 4 X 1 Bdrm, 1 X 1 Bdrm & Den, 1 X 2 Bdrm Suites. Great Tenants, Zero Vacancy, Coin Laundry, each Suite has Separate Meters. There are also 3 Separate Garages, all Rented. Bldg has many updates incl electrical, washer/dryer, furnace, roof, exterior paint. 9 Suites have been renovated incl new floors, kitchens, bathrooms, appliances. Gross Income $20,915/mo, $250,980/yr, 4.2% Cap Rate w upside! Some of the larger Bachelors could be converted to 1 Bedrooms, allowing further Income increase. Steps to W 4th & W Broadway shops, markets, coffee shops, restaurants, banks, retail & services, transportation, minutes to Downtown & UBC. 1st Class Investment, those wanting Best Location, Condition, Ease of Management & Value should see this. Showing by Appt Only, min 2 Day Notice. Contact LS re Viewing, Info Pkg. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by RE/MAX Real Estate Services
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