View of apartment building / complex

$6,800,000

W 1440 70th Avenue, Vancouver, BC V6P 2Z2

MLS® C8074913

Description

Superb investment opportunity in the Prime Marpole area. Well cared for, fully occupied 4 storeys, 24 unit apartment building situated on the corner of 70th and French. Strategically located 1 block away from Granville Street & Safeway. It offers a desirable mix of 1 & 2 bedrooms, and a rooftop Penthouse. Minutes away from highway 91, 99, Vancouver Airport, Richmond and Downtown Vancouver. 18 parking stalls (12 underground and 6 open). 2 year old roof. Excellent redevelopment opportunity with higher density within the recent implemented Marpole Community.

Property

Property type

Commercial Sale

Style

Multi Family

Structure

Low Rise (2-4 storeys), Mixed Use, Mul Tenant/MultiPlex (5+)

Year built

1,966

Ownership

Freehold

Levels

4

Systems

Heating

Forced Air, Mixed

Cooling

Forced Air, Mixed

Lot and parking

Lot size

13,939.2 sq ft

Road surface

Paved

Parking spaces

18

Costs

Annual property tax

$20,804

Tax year

2,025

Location

Area

Vancouver West

Neighbourhood

Marpole

Waterfront

No