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1836 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East) : MLS®# C8038782

1836 NAPIER Street Vancouver V5L 2N3 : Grandview Woodland

Main Photo: 1836 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8038782banner
$3,300,000
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8038782
Status:
Active
Build. Type:
Multiple Tenant/Multi-Plex (5+)
Grand Commercial Drive Character Revenue Property on Big Lot on Napier St between Salsbury & Victoria in the Heart of Commercial Drive. The 5169 SF Bldg in Immaculate Condition, earns $115,320/yr, Potential $138,000/yr +/- from 7 Self Contained Suites (1X2 Bdrm, 4X1 Bdrm, 2X Studio), sits on a 49.5’ X122’ South RT-5 Lot. Every part of the Property - Suites, Hallways, Common Areas, Decks, Patios, Yard/Garden, Parking - is 1st Class Condition w everything done & thought of. Extremely well maintained & managed by long term Owners & occupied by great Tenants. Those wanting only the Best Location, Condition, Ease of Management & Value need to see this. Showings with notice by Appointment Only. COVID rules, Masks required. Please contact Bob Bracken 604-220-2035 to book Appointments, Information Package, Floor Plan, all Details. Showing Sat June 12th from 2:00pm by scheduled Appointment Only. MUST CONFIRM ATTENDANCE. Also listed on Paragon Residential MLS # R2591733
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Multiple Tenant/Multi-Plex (5+)
# Units:
7
# Storeys:
3.0
Year built:
1908 (Age: 113)
Total Floor Area:
Switch units of measure5,169 sq. ft.
Land Use/Zoning:
RT-5
Taxes:
$6,509.47 / 2020
Env Assmt Phase:
None
Cap Rate %:
2.9
Other Income:
$0
Effective Gross Income:
$115,320
Gross Income:
$115,320
Oper. Expenses:
$20,298
Net Operating Income:
$95,022
Original Price:
$3,300,000
Data was last updated June 14, 2021 at 04:00 AM (UTC)

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.