Multi-family for sale

1676 W 10th Avenue, Fairview VW, Vancouver

$6,100,000 or
$6,100,000 or

Multi-family for sale

1676 W 10th Avenue, Fairview VW, Vancouver

Features

Lifestyle
224965442 6100000 /en/multi-family~for-sale~fairview-vw-vancouver/224965442?view=Summary /en/multi-family~for-sale~fairview-vw-vancouver/224965442/photos 49.2624400000 -123.1427700000 true
Year Built
1955
Floor Area
6,300 sqft
Lot Size
6,250 sqft
Gross Property Tax
$13,233 /year
Building Type
Low Rise (2-4 storeys)
Building / Complex Name
Noraleen Apartments
Zoning
RM-3
# of Parking Spaces
5
Subject Property Width
50 ft
Subject Property Depth
125 ft
Amenities
Laundry Facility
Suite Mix Information
9 x 1 ½, 2 x 2 ½
100

Description

The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Noraleen Apartments, a highly coveted ‘West of Granville’ apartment building with strong in-place rental income and future high density redevelopment potential. Originally constructed in 1955, Noraleen Apartments presents investors with a unique opportunity to acquire a high performing rental building, with tastefully renovated suites that include refinished hardwood floors, soft close cabinets, quartz and arborite counter tops, dishwashers, and new tiling in the kitchens and bathrooms. Through diligent ownership and self management, the property is generating exceptional cash flow, resulting in a rare high yield investment asset on Vancouver’s west side.
MLS® Number C8060373

Listing REALTORS®

Sunil Suvarna, REALTOR<sup>®</sup>

Sunil Suvarna

REALTOR®

Marcus & Millichap

Patrick Mcevay, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Patrick Mcevay

REALTOR®, Personal Real Estate Corporation

Marcus & Millichap

James Blair, REALTOR<sup>®</sup>, Personal Real Estate Corporation

James Blair

REALTOR®, Personal Real Estate Corporation

Marcus & Millichap

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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