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769 4TH Avenue

HopeBC, V0X 1L0

-
Beds
-
Baths
12,500
Sq. Ft.
$2,699,900
List Price
769 4TH Avenue, Hope, BC - 1 of 3
769 4TH Avenue, Hope, BC - 2 of 3
769 4TH Avenue, Hope, BC - 3 of 3
New
6 days on market

Quick Summary

  • Meticulously maintained multi-family building
  • Stable tenant profile with no vacancy issues
  • Healthy mix of 1-bedroom and 2-bedroom units
  • Opportunity to improve building and increase rents
  • Projected net income of $106K with 3.95% cap rate

Multi-Family Building available in Prime Downtown Hope Location. This complex has been meticulously maintained over the years and has a stable tenant profile. No problems ever getting vacancies filled here. The building features 3 levels with 17 units in total. 8 one bedroom units and 9 two bedroom units, give you healthy mixture of... Show More

Multi-Family Building available in Prime Downtown Hope Location. This complex has been meticulously maintained over the years and has a stable tenant profile. No problems ever getting vacancies filled here. The building features 3 levels with 17 units in total. 8 one bedroom units and 9 two bedroom units, give you healthy mixture of tenants. Great opportunity for a new owner to improve the building over time on tenant turn over and increase rents to market rent. The building is projected to Net $106K this year giving you a very stable 3.95% Cap Rate for the building. For more information please contact the Listing Agent. (id:54626)

Property Details

Size

12,500 sq. ft.
0 Beds
0 Baths

Source

Listing Brokerage

MLS® Listing
C8061421
Last Updated
July 16, 2024
Brokerage
RE/MAX Westcoast,Keller Williams Ocean Realty
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