Bob Bracken's Listings

1626 W 10TH Avenue
Fairview VW Vancouver V6J 2A1

$6,980,000
Multi-Family Commercial

Main Photo: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 1: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 2: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 3: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 4: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 5: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 6: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 7: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 8: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 9: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 10: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 11: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 12: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 13: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 14: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 15: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 16: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 17: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 18: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 19: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 20: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 21: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 22: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 23: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 24: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 25: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 26: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Photo 27: 1626 W 10TH Avenue in Vancouver: Fairview VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8039783
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8039783
Build. Type:
Low Rise (2-4 stories)
The Catalpa - A Gorgeous 15 Suite, 3 Story Apartment Building located in the Heart of Vancouver's South Granville neighbourhood, 2 Blocks West of Granville on a quiet block of West 10th Ave. The 1961 Building is in excellent condition & sits on a South 50' x 125' RM-3 zoned lot. The licensed 15 Studio Suites, are all spacious, bright with Hardwood Floors, Balconies or Patios. Gross Income of approx. $217,104/yr from long term Tenants has considerable Rental upside. Steps to South Granville shopping, galleries, coffee shops, restaurants, banks, transportation, minutes to Downtown, UBC, Vancouver Airport. Only 2 blocks from the future Broadway/Granville transit subway station, the property is in an area of great future economic development & enhancement, but sheltered from its most disruptive aspects. Fantastic Investment - those wanting the Best Location, Condition, Ease of Management & Value should see this. Showing by Appointment Only COVID Rules, min 2 Day Notice. All Masked, must confirm. Call Bob Bracken 604 220-2035 for Showings, Info Pkg, All Details. Don't Miss this Rare Excellent Vancouver Investment Property! Showing Thurs Mar 31st @ 11:00am gone by 11:45am by Appointment Only. Thanks.
Sale Type:
Asset
Business Name:
The Catalpa
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Residential Mix
# Units:
15
# Other Units:
0
# of Appartments:
0
# of Studio Appartments:
0
# of Penthouse Appartments:
0
# of Bachelor Appartments:
15
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
0
# of 2 Bedroom Appartments:
0
# of 3 Bedroom Appartments:
0
# Storeys:
3.0
Year built:
1961 (Age: 61)
Total Floor Area:
0 sq. ft.
Lot Area:
6,250 sq. ft.
Lot Depth:
125
Lot Frontage:
50'
Land Use/Zoning:
RM-3
Taxes:
$14,147.5 / 2021
Env Assmt Phase:
No
Cap Rate %:
1.7
Other Income:
$2,400
Effective Gross Income:
$218,964
Gross Income:
$216,000
Oper. Expenses:
$93,827
Net Operating Income:
$125,137
Previous Price:
$7,500,000
Original Price:
$7,500,000
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Listed by RE/MAX REAL ESTATE SERVICES
Data was last updated May 18, 2022 at 04:40 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.