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1506-1512 AVERY Avenue
Marpole Vancouver V6P 2Z8

$4,980,000
Multi-Family Commercial

Main Photo: 1506-1512 AVERY Avenue in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8043635
Photo 1: 1506-1512 AVERY Avenue in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8043635
Photo 2: 1506-1512 AVERY Avenue in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8043635
Photo 3: 1506-1512 AVERY Avenue in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8043635
Photo 4: 1506-1512 AVERY Avenue in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8043635
Photo 5: 1506-1512 AVERY Avenue in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8043635
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Photo 8: 1506-1512 AVERY Avenue in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8043635
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Photo 17: 1506-1512 AVERY Avenue in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8043635
Photo 18: 1506-1512 AVERY Avenue in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8043635
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Photo 21: 1506-1512 AVERY Avenue in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8043635
Photo 22: 1506-1512 AVERY Avenue in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8043635
Photo 23: 1506-1512 AVERY Avenue in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8043635
Photo 24: 1506-1512 AVERY Avenue in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8043635
Photo 25: 1506-1512 AVERY Avenue in Vancouver: Marpole Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8043635
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8043635
Build. Type:
Low Rise (2-4 stories)
Marpole/South Granville 4 Unit Strata Titled T-house Apartment Building: 4380 SF Total Area, Good Cond. Corner 6080 SF RM-4 Lot, Great Westside Value! Built in 1988. 2 Front Suites: Each 2 Lvl, 1000 SF, 1X2 Bdrm, 2.5 Baths, 1X2 Bdrm & Den, 2.5 Baths. 2 Rear Suites: Each 3 Lvl, 1190 SF, 2X2 Bdrm, 2.5 Baths. Front Suites have 360 SF Patios, Sep Garages; Rear Suites have 235 SF Decks & Big S/C Attached Garages under Units. Great Floor Plans, Well Equipped, Bright, Attractive. Recent Reno's, New Roof on Bldg (partial) & Garages. Gross Income $102,720/yr, Potential Income $140,400/yr, Good Longer Term Tenants. Great for Owner-Occupiers, Investors, Developers. Showing by Appt Only COVID Rules, min 2 Day Notice. Showing Thurs Apr 28th @ 3:45pm gone by 4:30pm By Appt only. Contact LS for Info Pkg, Floor Plan, Viewing.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Multiple Tenant/Multi-Plex (5+)
# Units:
4
# Other Units:
0
# of Appartments:
4
# of Studio Appartments:
0
# of Penthouse Appartments:
0
# of Bachelor Appartments:
0
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
0
# of 2 Bedroom Appartments:
4
# of 3 Bedroom Appartments:
0
# Storeys:
3.0
Year built:
1988 (Age: 34)
Total Floor Area:
4,452 sq. ft.
Lot Area:
6,080 sq. ft.
Lot Depth:
122
Lot Frontage:
50'
Land Use/Zoning:
RM-4
Taxes:
$7,284 / 2021
Services Connected:
Electricity, Lane, Natural Gas, Sanitary Sewer, Sewer - Storm
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
Env Assmt Phase:
No
Cap Rate %:
1.73
Other Income:
$0
Effective Gross Income:
$102,750
Gross Income:
$102,750
Oper. Expenses:
$16,546
Net Operating Income:
$86,204
Original Price:
$4,980,000
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Listed by RE/MAX Real Estate Services
Data was last updated May 18, 2022 at 02:10 AM (UTC)
Bob Bracken
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.