Multi-Family Building available in Prime Downtown Hope Location. This complex has been meticulously maintained over the years and has a stable tenant profile. No problems ever getting vacancies filled here. The building features 3 levels with 17 units in total. 8 one bedroom units and 9 two bedroom units, give you healthy mixture of tenants. Great opportunity for a new owner to improve the building over time on tenant turn over and increase rents to market rent. The building is projected to Net $106K this year giving you a very stable 3.95% Cap Rate for the building. For more information please contact the Listing Agent. (id:58426)
MLS® Number | C8061421 |
Property Type | Multi-family |
Amenities | Balconies |
SizeInterior | 12500 Sqft |
Acreage | No |
SizeIrregular | 0.34 |
SizeTotal | 0.34 Ac |
SizeTotalText | 0.34 Ac |
https://www.realtor.ca/real-estate/27157781/769-4th-avenue-hope
Contact us for more information
Kelly Fry
Personal Real Estate Corporation, Kelly Fry Team
Shafik Ladha
PREC*, Shafik Ladha Real Estate Team
Cameron Manning
Personal Real Estate Corporation, Kelly Fry Team