Multi-family for sale
1603 E Broadway, Grandview Woodland, Vancouver
                                            
                                            
                                            $7,688,000
                                            
                                            
                                             
                                        
                                    Features
Year Built
        
            
                1982
            
        
    Floor Area
        
            
                13,073 sqft
            
        
    Lot Size
        
            
                12,078 sqft
            
        
    Building Type
        
            
                Low Rise (2-4 storeys)
            
        
    Zoning
        
            
                RM-4
            
        
    Subject Property Width
        
            
                99  ft
            
        
    Suite Mix Information
        20 x 1 ½, 2 x 2 ½, 22 x Other
    Total no. of Units
        22
    Financial Summary
        $341,337
    Description
                                                AMAZING OPPORTUNITY! This well maintained 22 UNITS STRATA BUILDING offers 20-one-bedroom units and 2-two-bedrooms units. All with their own legal description. There are only two owners, one owner owns 11 units and the other owns the other 11 units. European built in the 1980’s, first time to market. This site is situated in the Commercial Drive Station Plan that can propose huge density and development upside. Ideal to keep as a rental and increase rents, renovate and sell off individual units or buy hold and develop in the future. Great location, the lot 99' frontage by 122' depth, 12,078 sqft lot. There are many options. The rents are well under market, huge upside.
                                            
                                        MLS® Number C8071185