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$ 5,238,000
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Active
2464 W 1st AVE Vancouver, BC V6K 1G6
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8071142
Year Built 1957
Lot Size 6,098 Sqft
Property Sub-Type Multi Family
Property Description
Kitsilano Beach 11 unit walk up apartment building including Penthouse, only 2 blocks from Kits Beach and Pool. Panoramic views of the beach, mountains and city from the upper units and the Penthouse. 5 units including the Penthouse are presently untenanted, allowing you to choose your own tenants at current market rents. Potential 4% + CAP rate. This location is extremely desirable to renters and the ongoing expenses to you will be minimal. Well maintained. Units boast newer cabinets, double glazed vinyl windows (2012) with blinds, hardwood floors, modern fixtures and balconies. 4 parking spots off the back lane. Boiler replaced in 2010, Roof 2012, exterior paint 2023. Part of the rooftop is a shared deck for the tenants. Some of the units come furnished. One bedroom Penthouse with private deck (vacant), one bedroom and large den (vacant), three one bedrooms (vacant) and six one bedroom apartments rented. Earn a decent return now with huge potential in the future.
Location
Province BC
Community Kitsilano
Area Vancouver West
Zoning RM-4
Interior
Heating Hot Water
Appliance Common Water Heater
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Torch On
Street Surface Paved
Total Parking Spaces 4
Building
Story 4
Sewer Public Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold
