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1957 E 3RD Avenue
Grandview VE Vancouver V5N 1H4

$2,950,000
Multi-Family (Commercial)

Main Photo: 1957 E 3RD Avenue in Vancouver: Grandview VE Commercial for sale (Vancouver East)  : MLS(r) # C8006061
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Prop. Type:
Multi-Family (Commercial)
MLS® Num:
C8006061
Status:
Sold
Build. Type:
Low Rise (2-4 stories)
Rare offering in prime location of Commercial Drive! 8 legal suites on a charming, tree-lined block just up the hill from popular McSpadden Park. All 8 suites have similar layouts around 1140 square feet over 3 levels. Each unit features 2 bedrooms & 1 bath on the top level, an open plan main level with west facing balcony & a partially finished basement below. Each suite has its own furnace, electric meter & water tank. Sitting on a 33x122 RT4 lot, this special apartment building with 3.4% Cap Rate cannot be recreated. The long term tenants have created a nice community here. Valuable holding property in blossoming neighborhood just steps to Skytrain, shopping & eating on vibrant Commercial Drive as well as public/private/French Immersion schools.
Price:
$2,950,000
Property Type:
Multi-Family (Commercial)
MLS® Num:
C8006061
Status:
Sold
  • Photo 1: 1957 E 3RD Avenue in Vancouver: Grandview VE Commercial for sale (Vancouver East)  : MLS(r) # C8006061
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Listing information last updated on 19-Jul-2016 9:56 PM
The Ruth & David Group