- Prop. Type:
- Multi-Family Commercial
- Build. Type:
- Multiple Tenant/Multi-Plex (5+)
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. SOLD!