3155 Kingsway

$3,328,000 |   MLS® Number  C8063321

Multi-family for sale in Collingwood VE, Vancouver, Vancouver East, 3155 Kingsway, 224968390 | Realtylink.org

Multi-family for sale

Year Built
2011
Floor Area
4,932 sqft
Lot Size
3,531 sqft
Gross Property Tax
$25,503.63 /year
Building Type
Low Rise (2-4 storeys), Mixed Use, Street-Level Storefront
Zoning
C-2
# of Parking Spaces
6
Subject Property Width
33 ft
Subject Property Depth
108 ft
Amenities
Alarm System, Balconies, Emergency Lighting, Secured Building, Secured Parking
Suite Mix Information
4 x 2 ½

Fully leased newer retail & apartment building in East Vancouver. 3155 Kingsway is a 3-storey building built in 2011 with four 2-bedroom residential units above retail. Offered at a 4.1% cap rate with potential to increase the yield over 5% with mark to market rents. The property is relatively care-free and easy to maintain. Assumable debt available at attractive rate. Listed well below assessment value ($4,039,000). Property is strata-titled (6 units total). Secured underground parking for residential, and rear parking for commercial