Vancouver, BC V6P 2Y2,1179 W 70TH AVENUE
Vancouver, BC V6P 2Y2,1179 W 70TH AVENUE
Vancouver, BC V6P 2Y2,1179 W 70TH AVENUE
17
$3,425,000
$3,650,000
6.2%
Est.Price: ?

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8,827 SqFt

1179 W 70TH AVENUE Vancouver, BC V6P 2Y2

Est. payment /mo
SOLD DATE : 09/10/2023

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Key Details

Sold Price $3,425,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 8,827 sqft

Price per Sqft $388

Subdivision Marpole

MLS Listing ID C8053527

Year Built 1953

Annual Tax Amount $7,851

Tax Year 2022

Property Description

Fantastic opportunity! This 10-unit building is situated on a 67? x 95? corner lot in the heart of the Marpole Community Plan. The property consists of 9-1-bedroom units and a 1 studio apartment. Many suites have been renovated in the last 3 years but there are still a few that can be updated creating a greater upside in rental income. The landlord owns the coin laundry adding additional income. There are also multiple storage lockers. This building is truly a pride of longtime family ownership and has been superbly well maintained. The roof is in good condition; the boiler is in great condition with new hot water tanks. Parking at the rear. Excellent tenants. This is a turnkey investment with a projected net income for 2023 of $111,707. Call today for a touring schedule and information package. BUILDING TOURS Wednesday 5-6 pm and Saturday 2-3 pm, by appointment only.

Location

Province BC

Community Marpole

Area Vancouver West

Zoning British Columbia Default Zone

Exterior

Roof Type Other

Building

Story 3

Structure Type Wood Frame

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Real Estate  Board of Greater Vancouver(REBGV) - Commercial
Listed by Sutton Group-West Coast Realty

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Kris Kereluk

Agent | License ID: 161157

+1(778) 288-4481

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