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1836 NAPIER Street
Grandview Woodland Vancouver V5L 2N3

$3,300,000
Multi-Family Commercial

Main Photo: 1836 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8038782
Photo 1: 1836 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8038782
Photo 2: 1836 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8038782
Photo 3: 1836 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8038782
Photo 4: 1836 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8038782
Photo 5: 1836 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8038782
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Photo 33: 1836 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8038782
Photo 34: 1836 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8038782
Photo 35: 1836 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8038782
Photo 36: 1836 NAPIER Street in Vancouver: Grandview Woodland Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8038782
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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8038782
Build. Type:
Multiple Tenant/Multi-Plex (5+)
Grand Commercial Drive 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. Showing by Appointment Only COVID Rules, min 2 Day Notice, 1st Showing Sat June 12 from 2:00pm by Appt Only - Contact LS for Viewing, Info Pkg, Floor Plan. 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:
5,169 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
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Listed by RE/MAX Real Estate Services
Data was last updated June 17, 2021 at 08:05 PM (UTC)
Bob Bracken
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.