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: 61)
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
    Photo 1 of 1
Listed by RE/MAX Sabre Realty Group
Data was last updated March 2, 2024 at 10:10 AM (UTC)
DAVID KEARNEY
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