Multi-family for sale
8692 French Street, Marpole, Vancouver
$4,880,000
Features
Year Built
1953
Floor Area
6,500 sqft
Lot Size
6,500 sqft
Gross Property Tax
$9,021.96 /year
Building Type
Low Rise (2-4 storeys)
Zoning
RM-3A
Subject Property Width
50 ft
Subject Property Depth
130 ft
Suite Mix Information
1 x Bachelor/Studio, 4 x 2 ½, 3 x 3 ½
Total no. of Units
8
Description
An incredible opportunity to own a well-maintained, partially updated 8-unit building in the heart of Marpole! Situated on a sunny 50' x 130' comer lot lined with beautiful cherry blossom trees, this property offers a turnkey investment with a gross annual income of $235,000. The building comprises a diverse mix of unit layouts. including three 3-bedroom units, four 2-bedroom units, and one bachelor suite, all of which are bright comer units with fantastic natural light. Suites are in excellent condition, ensuring strong rental appeal. Located in a prime Marpole location, this property offers easy access to transit, parks, YVR Airport, and downtown Vancouver. Positioned within the Marpole Community Plan, this is not just an income-generating asset but also a strategic long-term investment.
MLS® Number C8067893