Prime investment opportunity in the heart of Granville South's future development! This well-maintained 10-unit multifamily building, built in 1996, sits on 4940 sq ft lot at Granville & 71st. Featuring 4 levels with an elevator, 8 parking stalls and recent roof upgrades. All units have individual hot water tanks and tenants pay their own hydro, keeping maintenance low. Generates approx. $160,000 annual gross income with long-term stable tenants. Zoned RM-3A under the Marpole Community Plan, offering excellent holding or redevelopment potential with increased density options (verify with City). Ideal location minutes to YVR, Hwy 91, and Downtown Vancouver. Don't miss this rare chance to own a revenue-generating property in a prime future redevelopment area! (id:58426)
| MLS® Number | C8070569 |
| Property Type | Multi-family |
| Neigbourhood | Marpole |
| ConstructedDate | 1996 |
| SizeInterior | 7200 Sqft |
| Acreage | No |
| SizeIrregular | 4940 |
| SizeTotal | 4940 Sqft |
| SizeTotalText | 4940 Sqft |
| ZoningDescription | Rm-3a |
https://www.realtor.ca/real-estate/28570247/8732-granville-street-vancouver
Contact us for more information
Krystal Ma
Personal Real Estate Corporation
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