Multi-family for sale
1170 Semlin Drive, Grandview Woodland, Vancouver
$2,890,000
Features
Year Built
1912
Floor Area
4,722 sqft
Lot Size
5,400 sqft
Gross Property Tax
$7,456.19 /year
Building Type
Mul Tenant/MultiPlex (5+)
Zoning
RT-3
Subject Property Width
50 ft
Subject Property Depth
108 ft
Suite Mix Information
3 x 1 ½, 1 x 3 ½, 1 x Other
Total no. of Units
5
Financial Summary
$97,500
Description
Huge Character Legal 4Plex+ on Double Lot in the Heart of Grandview/Commercial Drive neighbourhood. 4722 SF Building with 5 Self Contained Suites: 1X3 Bdrm, 1X2 Bdrm, 3X1 Bdrm & sits on a Double (2 separate Titles) 50’x108’ RT-5 lot that fronts onto Semlin & backs on to Rose Street. Ample, Bright Suites with character features, several with decks, plus well finished, bright Double Garage/Studio (separately rented) & 2 carport parking. Current Income approx. $8,388/mo, or $100,656/yr w tremendous upside from long term Tenants. Fantastic property for Investors, Owner Occupiers & Renovators, plus great future opportunity for Developers. Showing with 2 day notice, COVID rules, all Masked. Call LS Showing, Info Pkg, Floor Plan, Details. Also see MLS R2622392. Showing Monday March 28th @ 4:15pm gone by 5:00pm by Appointment Only.
MLS® Number C8040645