769 4th Avenue Hope, British Columbia V0X 1L0
$2,699,900
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:46227)
Property Details
| MLS® Number | C8061421 |
| Property Type | Multi-family |
Building
| Amenities | Balconies |
| Size Interior | 12500 Sqft |
Land
| Acreage | No |
| Size Irregular | 0.34 |
| Size Total | 0.34 Ac |
| Size Total Text | 0.34 Ac |
https://www.realtor.ca/real-estate/27157781/769-4th-avenue-hope
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
July 31 2024 05:38:51
Chilliwack & District Real Estate Board
Keller Williams Ocean Realty, RE/MAX Westcoast