Multi-family for sale

1455 W 71st Avenue, Marpole, Vancouver

$8,950,000 or
Multi-family for sale in Marpole, Vancouver, Vancouver West, 1455 W 71st Avenue, 224950101 | Realtylink.org
$8,950,000 or

Multi-family for sale

1455 W 71st Avenue, Marpole, Vancouver

Features

Lifestyle
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Year Built
1965
Floor Area
13,000 sqft
Lot Size
13,000 sqft
Gross Property Tax
$19,560.50 /year
Building / Complex Name
The Aspen
Zoning
RM-3A
# of Parking Spaces
15
Subject Property Width
100 ft
Subject Property Depth
130 ft
Suite Mix Information
16 x 1 ½, 5 x 2 ½
82

Description

The Aspen presents investors the opportunity to purchase a well-positioned multifamily asset in Vancouver's Marpole neighbourhood with the opportunity to continue adding value on tenant turnover. The building has been self-managed and well cared for over the course of ownership. Recent upgrades include new decks, balcony railings, upgraded electrical panels, and hot water tank. Many of the suites have been recently renovated on turnover, complete with modern kitchens, bathrooms, and flooring. These suites are currently achieving above market rents, paving the way for a future owner to continue the program on tenant turnover and further bolster gross revenues. on a large 13,000 sf lot, boasting an excellent walk score of 89, showcasing the property's terrific proximity to shops, transit, restaurants, and amenities along Granville Street.
MLS® Number C8045032

Listing REALTOR®

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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