David Kearney CCIM
RE/MAX Commercial

1555 E 5TH Avenue
Grandview Woodland Vancouver V5N 1L6

$3,299,900
Multi-Family Commercial

Main Photo: 1555 E 5TH Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East) : MLS®# C8050000
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8050000
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 storey asset. Interesting suite mix of mostly bachelors, with two 1-bedroom & one 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: 60)
Total Floor Area:
5,662 sq. ft.
Lot Area:
6,100 sq. ft.
Lot Depth:
122
Lot Frontage:
50'
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 %:
3.03
Other Income:
$5,400
Effective Gross Income:
$119,652
Gross Income:
$114,252
Oper. Expenses:
$19,578
Net Operating Income:
$100,074
Original Price:
$3,299,900
  • Photo 1: 1555 E 5TH Avenue in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East) : MLS®# C8050000
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Listed by RE/MAX Sabre Realty Group
Data was last updated December 7, 2023 at 12:10 AM (UTC)
DAVID KEARNEY
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.