8732 Granville Street
Marpole, Vancouver West
0 Bed
0 Bathrooms
7,200 sqft
Carport Multiple, Lane Access (8)
Offered at : $3,180,000
About this Business in Marpole
Well-maintained 10-unit multifamily building in the heart of Marpole. Built in 1996 on a 4,940 sq ft lot at Granville & 71st, this 4-level property with elevator features 8 parking stalls and recent roof upgrades. The building includes one bachelor suite and nine spacious one-bedroom units ranging from 380 sq ft to 480 sq ft, each with its own hot water tank. Tenants pay their own hydro, ensuring low maintenance costs. Generates approximately $160,000 annual gross income with… long-term stable tenants. Zoned RM-3A under the Marpole Community Plan, offering excellent holding income and future redevelopment potential with increased density options (verify with City). Minutes to YVR Airport, Hwy 91, and Downtown Vancouver. Gross Income of $161,456. NOI of $125,092 and a Cap Rate of 3.93%.
Listed by Royal Pacific Riverside Realty Ltd..
Well-maintained 10-unit multifamily building in the heart of Marpole. Built in 1996 on a 4,940 sq ft lot at Granville & 71st, this 4-level property with elevator features 8 parking stalls and recent roof upgrades. The building includes one bachelor suite and nine spacious one-bedroom units ranging from 380 sq ft to 480 sq ft, each with its own hot water tank. Tenants pay their own hydro, ensuring low maintenance costs. Generates approximately $160,000 annual gross income with long-term stable tenants. Zoned RM-3A under the Marpole Community Plan, offering excellent holding income and future redevelopment potential with increased density options (verify with City). Minutes to YVR Airport, Hwy 91, and Downtown Vancouver. Gross Income of $161,456. NOI of $125,092 and a Cap Rate of 3.93%.
Listed by Royal Pacific Riverside Realty Ltd..
Specs and Details
- MLS®: R3047703
- Bedrooms: 0
- Bathrooms: 0
- Type: Business
- Square Feet: 7,200 sqft
- Lot Size: 4,940 sqft
- Frontage: 50.00 ft
- Full Baths: 0
- Half Baths: 0
- Taxes: $9059.3
- Parking: Carport Multiple, Lane Access (8)
- Basement: None
- Storeys: 4 storeys
- Year Built: 1996
- Style: Other
- Price Per Sqft: $441.67
More About Marpole, Vancouver West
Latitude: 49.20663838
Longitude: -123.140195458
V6P 5A5
- MLS®: R3047703
- Bedrooms: 0
- Bathrooms: 0
- Type: Business
- Square Feet: 7,200 sqft
- Lot Size: 4,940 sqft
- Frontage: 50.00 ft
- Full Baths: 0
- Half Baths: 0
- Taxes: $9059.3
- Parking: Carport Multiple, Lane Access (8)
- Basement: None
- Storeys: 4 storeys
- Year Built: 1996
- Style: Other
- Price Per Sqft: $441.67
- MLS®: R3047703
- Bedrooms: 0
- Bathrooms: 0
- Type: Business
- Square Feet: 7,200 sqft
- Lot Size: 4,940 sqft
- Frontage: 50.00 ft
- Full Baths: 0
- Half Baths: 0
- Taxes: $9059.3
- Parking: Carport Multiple, Lane Access (8)
- Basement: None
- Storeys: 4 storeys
- Year Built: 1996
- Style: Other
- Price Per Sqft: $441.67
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Anthony Trinetti for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
