An incredible opportunity to own a well-maintained, partially updated 8-unit building in the heart of Marpole! Situated on a sunny 50' x 130' comer lot lined with beautiful cherry blossom trees, this property offers a turnkey investment with a gross annual income of $235,000. The building comprises a diverse mix of unit layouts. including three 3-bedroom units, four 2-bedroom units, and one bachelor suite, all of which are bright comer units with fantastic natural light. Suites are in excellent condition, ensuring strong rental appeal. Located in a prime Marpole location, this property offers easy access to transit, parks, YVR Airport, and downtown Vancouver. Positioned within the Marpole Community Plan, this is not just an income-generating asset but also a strategic long-term investment. (id:4069)
Address
8692 FRENCH STREET
List Price
$4,880,000
Property Type
Multi-family
Area
British Columbia
Sub-Area
Vancouver
Floor Area
6,500 Sq. Ft.
Lot Size
6500 Sq. Ft.
Year Built
1953
MLS® Number
C8067893
Listing Brokerage
Royal Pacific Riverside Realty Ltd.
Postal Code
V6P4W6
Zoning
RM-3A
