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