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Listed by Multifamily Real Estate Services Corporation
$1,999,900
Est. payment /mo
4 Beds
3 Baths
2,330 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,330 sqft
Price per Sqft $858
MLS Listing ID R2955008
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1955
Lot Size 4,356 Sqft
Property Sub-Type Triplex
Property Description
Cash-flowing East Vancouver triplex with projected NOI of $88,000 and a strong 4.40% cap rate. Offered with vacant possession, all three fully upgraded units can be leased at market rents immediately. Includes two spacious 2-bed + flex suites and a studio with private entry, on a 4,396 SF RT-2 corner lot. Features include sprinklers, separate meters, dual furnaces, two hot water tanks, shared laundry, dry storage, and North Shore mountain views. Built in 1955 and modernized throughout, the property is ideal for investors or owner-occupiers seeking stable yield with future redevelopment upside in a high-demand, transit-connected rental corridor.
Location
Province BC
Community Grandview Woodland
Zoning RT-2
Rooms
Kitchen 3
Interior
Heating Baseboard, Forced Air
Exterior
Fence Fenced
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
View Y/N Yes
View North Shore Mountains
Roof Type Torch-On
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water Public
Others
Ownership Freehold NonStrata
Security Features Fire Sprinkler System,Smoke Detector(s)
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