Fourplex For Sale, 1749 Charles St Vancouver

$1 340 000
MLS No: V1067175
Property type: Apartment Building
Area (Sq Ft)
3,450
Units
4
Price Per Unit
335,000
Cap Rate
4.14

Specifications

  • Land Size: 3,630 Sq Ft
  • Year Built: 1916

Description

Vancouver fourplex for sale.  Residential investment property 1/2 blk from Commercial Drive. Four income streams incl 3 rental suites & a 2-suite artist studio garage for annual NOI of $59,197. Listed at a 4.14% cap rate w/the oppty to increase to 4.87% w/garage-laneway house conversion. Upstairs suite is a 3-bedroom loft featuring 16′ vaulted ceilings and stunning north shore views from the 250 sq ft deck.

This fourplex for sale features main level 2-bedroom suite has huge living area, separate dining area for entertaining and a private deck parking and permit street parking available. Garage contains 2 artists studios. Studio conversion in 2003 with permits (insulation, electric). Easily convert to laneway house for upside.

Contact the Agent

Seth Baker

Managing Broker & Owner
Phone
(778) 235-9293
Fax
(778) 650-0350
Address
119 W Pender St, Suite 104
Vancouver, BC, V6B 1S5
Combine bold entrepreneurship, incisive analysis and elite salesmanship, and you have Seth Baker. As Owner of Multifamily Real Estate Services, Seth founded his own real estate brokerage company dedicated to selling some of the world’s most valuable apartment buildings. He is a master communicator and skillful analyst. He has a diverse background with a unique combination of street smarts, business, and data technology. This background allows Seth to maintain priceless market data while building powerful relationships with multifamily investors and developers. Ask him about how to get people to agree. It’s his secret talent. Seth Baker has led an impressive career in real estate brokerage. He is personally responsible for more than $125,000,000 in real estate sales, a number that’s growing daily.  He has contributed to a number of industry organizations including LandlordBC, Vancouver Board of Trade, BC Non-Profit Housing Association, Greater Vancouver Home Builders Association and Urban Development Institute.…




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