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. (id:4069)
| Address |
769 4TH AVENUE |
| List Price |
$2,699,900 |
| Property Type |
Multi-family |
| Area |
British Columbia |
| Sub-Area |
Hope |
| Floor Area |
12,500 Sq. Ft. |
| Lot Size |
0.34 Sq. Ft. |
| MLS® Number |
C8061421 |
| Listing Brokerage |
Keller Williams Ocean Realty
| RE/MAX Westcoast
|
| Postal Code |
V0X1L0 |
| Amenities |
Balconies |
