1072 55th Avenue
South Vancouver, Vancouver, BC

Active
$1,598,000
Listed By: RE/MAX Real Estate Services
Listed 2 months ago

Details

Beds
7
Bath
4
Built
1910
Living Area
2922 SqFt.
$/SqFt.
546.89
Taxes
$5,687.27

Description

South Vancouver Character 4 Unit Income Property on 33’x110’ South R1-1 Lot in quality neighbourhood of many Newer Homes. House 2922 SF 3 levels in good condition w updated Kitchens, Baths, Electrical. Good long term Tenants w no vacancies. Top 720 SF 1 Bdrm & Den, Main 1050 SF 3 Bdrm, Down 700 SF 2 Bdrm & Den, Plus a 325 SF Studio Suite. There are 3 Gas Meters, 4 H/W Tanks, 4 Elec. Meters, Big Double Garage w sep Bays & Power (rented) & 1 Open Parking. Gr Inc $5,903/mo, $70,836/yr below market. Potentials: Gr Inc $7,700/mo, $92,400/yr, Cap Rate 5%. 1st Class Investment & Great Building Site for New Home w Laneway. Perfect for Owner Occupiers & Shared Ownership with lots of Mtg Help. Showing by Appt w 2 Day Notice. Call LS for Info Pkg, Flr Plan. Showing Mon Dec 22 @ 1:00pm by Appt Call.

Amenities
Balcony

Features

No Fire Sprinkler System Smoke Detector(s)

Site Influences

Balcony

Location

Technical Information

MLS® # R3060348
Property Type Fourplex
Dwelling Type Fourplex
Home Style Multi Family
Kitchens 4
Year Built 1910
Parking Garage Double,Open,Lane Access,Rear Access
Tax $5,687 in 2025
Strata No VAP2586

Floor Area (sq. ft.)

Main Floor 1,123
Above 1,843
Below 1,079
Total 2,922
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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouve and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.