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1555 E 5TH Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East) : MLS®# C8045358

1555 E 5TH Avenue Vancouver V5N 1L6 : Grandview Woodland

Main Photo: 1555 E 5TH Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8045358
$3,850,000
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8045358
Status:
Active
Build. Type:
Freestanding
Fantastic East Vancouver Location - Just off Commercial Drive & Broadway! Close to all amenities and services; 6 minute walk to Skytrain. Very well maintained 3 story asset. Interesting suite mix of mostly bachelors, with 2 - 1 bedroom & 1 - 2 bedroom suites. Windows recently replaced - no outstanding major maintenance issues at all. Please do not disturb the residents - call for additional info.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Freestanding, Low Rise (2-4 stories)
# Bldgs:
1
# Units:
8
# Other Units:
8
# of Appartments:
8
# of Studio Appartments:
0
# of Penthouse Appartments:
0
# of Bachelor Appartments:
5
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
2
# of 2 Bedroom Appartments:
1
# of 3 Bedroom Appartments:
0
# Storeys:
3.0
Year built:
1963 (Age: 59)
Total Floor Area:
Switch units of measure5,662 sq. ft.
Lot Area:
Switch units of measure6,100 sq. ft.
Lot Depth:
122
Lot Frontage:
Switch units of measure50'
Land Use/Zoning:
RM-4
Permitted Use:
Multifamily (5+)
Taxes:
$6,741.17 / 2022
Balconies, Laundry Facility, Secured Building
# Elevators:
0
Services Connected:
Curb; Gutter, Electricity, Lane, Paved Streets, Telephone, Sanitary Sewer, Sewer - Storm, Street Lighting, Sidewalk
Water Supply:
Municipal
HVAC:
Baseboard, Electric
Roof:
Tar & Gravel
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
2.24
Other Income:
$5,400
Effective Gross Income:
$105,660
Gross Income:
$100,260
Oper. Expenses:
$19,578
Net Operating Income:
$86,082
Original Price:
$3,850,000
Data was last updated August 14, 2022 at 03:05 PM (UTC)
DAVID KEARNEY
David Kearney CCIM; Greater Vancouver Commercial REALTOR®
Office:(604) 942-0606
Fax:(604) 942-9533
Toll Free:(1) 888-942-0606
Cell:(604) 617-2624
RE/MAX Sabre Realty Group
#102 - 2748 Lougheed Highway
Port Coquitlam, BC
V3B 6P2 CA
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