About this Business in Marpole
Well-maintained 10-unit multifamily building in the heart of Marpole. Built in 1996 on a 4,940 sq ft lot at Granville & 71st, this 4-level property with elevator features 8 parking stalls and recent roof upgrades. The building includes one bachelor suite and nine spacious one-bedroom units ranging from 380 sq ft to 480 sq ft, each with its own hot water tank. Tenants pay their own hydro, ensuring low maintenance costs. Generates approximately $160,000 annual gross income with long-term stable tenants. Zoned RM-3A under the Marpole Community Plan, offering excellent holding income and future redevelopment potential with increased density options (verify with City). Minutes to YVR Airport, Hwy 91, and Downtown Vancouver. Don’t miss this rare chance to own a revenue-generating property.
Listed by Royal Pacific Riverside Realty Ltd..
Listing Details
- MLS®: R3047703
- Bedrooms: 0
- Bathrooms: 0
- Type: Business
- Size: 7,200 sqft
- Lot Size: 4,940 sqft
- Frontage: 50.00 ft
- Full Baths: 0
- Half Baths: 0
- Taxes: $9059.3
- Parking: Carport Multiple, Lane Access (8)
- Basement: None
- Storeys: 4 storeys
- Year Built: 1996
- Style: Other
A Closer Look at the Location
Marpole, Vancouver West
Explore the features and amenities of this neighbourhood location.
