8732 Granville Street

$3,380,000 |   MLS® Number  C8070569

Multi-family for sale in Marpole, Vancouver, Vancouver West, 8732 Granville Street, 224975638 | Realtylink.org

Multi-family for sale

Year Built
1996
Floor Area
7,200 sqft
Lot Size
4,940 sqft
Gross Property Tax
$9,059.30 /year
Building Type
Low Rise (2-4 storeys)
# of Elevators
1
Zoning
RM-3A
# of Parking Spaces
8
Subject Property Width
50 ft
Subject Property Depth
98.8 ft
Suite Mix Information
1 x Bachelor/Studio, 9 x 1 ½
Total no. of Units
10

Well-maintained 10-unit multifamily building in the heart of Granville South's upcoming redevelopment area. Built in 1996 on a 4,940 sq ft lot at Granville & 71st, this 4-level property with elevator features 8 parking stalls and recent roof upgrades. The building includes one bachelor suite and nine spacious one-bedroom units ranging from 380 sq ft to 480 sq ft, each with its own hot water tank. Tenants pay their own hydro, ensuring low maintenance costs. Generates approximately $160,000 annual gross income with long-term stable tenants. Zoned RM-3A under the Marpole Community Plan, offering excellent holding income and future redevelopment potential with increased density options (verify with City). Minutes to YVR Airport, Hwy 91, and Downtown Vancouver. Don’t miss this rare chance to own a revenue-generating property in a prime location primed for future growth.