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$6,100,000
Est. payment /mo
6,300 SqFt
Active
1676 W 10TH AVENUE Vancouver, BC V6J 2A1
UPDATED:
07/02/2024 05:42 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,300 sqft
Price per Sqft $968
Subdivision Fairview Vw
MLS Listing ID C8060373
Year Built 1955
Annual Tax Amount $13,233
Tax Year 2023
Property Description
The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Noraleen Apartments, a highly coveted ‘West of Granville’ apartment building with strong in-place rental income and future high density redevelopment potential. Originally constructed in 1955, Noraleen Apartments presents investors with a unique opportunity to acquire a high performing rental building, with tastefully renovated suites that include refinished hardwood floors, soft close cabinets, quartz and arborite counter tops, dishwashers, and new tiling in the kitchens and bathrooms. Through diligent ownership and self management, the property is generating exceptional cash flow, resulting in a rare high yield investment asset on Vancouver’s west side.
Location
State BC
Community Fairview Vw
Area Vancouver West
Building/Complex Name Noraleen Apartments
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Exterior
Roof Type Torch On
Building
Dwelling Type Multi-Family Commercial
Story 3
Structure Type Wood Frame
Listed by Marcus & Millichap