Multi-family for sale
2525 Birch Street, Fairview VW, Vancouver
$9,900,000
Features
Year Built
1989
Floor Area
9,845 sqft
Lot Size
8,000 sqft
Gross Property Tax
$23,916 /year
Building Type
Low Rise (2-4 storeys)
# of Elevators
1
Zoning
RM-3
# of Parking Spaces
4
Subject Property Width
100 ft
Subject Property Depth
80 ft
Amenities
Laundry Facility, Visitor Parking
Suite Mix Information
x Bachelor/Studio, 14 x 1 ½, 1 x 2 ½
Total no. of Units
17
Description
Investor Alert! Prime Broadway subway location! Huge re-development potential on the new OCP up to 20 stories with 6.5 FSR! Current mint condition 17-Suite/ 4-stories apartment building situated in the prestigious Fairview Neighbourhood, nearly complete updated in 2013 w/new building envelope & siding, window, sliders, balconies & railings, new roof and was fully re-piped minimizing future capital expenditures. Gross income over $360,000, young professional tenants w/ healthy turnover rate. Located between Granville & VGH stations, 5-min drive to Downtown Vancouver and an excellent cross section of amenities and services along the Granville Retail corridor ensuring the property continues to attract and retain quality tenants and drive rents.
MLS® Number C8064872