8732 Granville Street, Marpole, Vancouver West - R3047703
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$3,180,000
8732 Granville Street
Marpole, Vancouver West
Size of Property
0 Bedrooms, 0 Bathrooms
Size: 7,200 sqft
Lot: 4,940 sqft
MLS® #: R3047703
construction
Built: 1996
Property Type: Business
4 storeys Storeys
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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. Gross Income of $161,456. NOI of $125,092 and a Cap Rate of 3.93%.
Listed by Royal Pacific Riverside Realty Ltd..
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Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Garry Valk for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Listing Basics
| City: | Vancouver West |
| Subarea: | Marpole |
| storeys: | 4 storeys |
| taxes: | $9059.3 |
| maintenance: | N/A |
| bedrooms: | 0 |
| bathrooms: | 0 |
| full baths: | 0 |
| half baths: | 0 |
specifications
| frontage: | 50.00 ft |
| lot: | 4,940 sqft |
| sqft: | 7,200 sqft |
| main: | 1,800 sqft |
| parking: | Carport Multiple, Lane Access (8) |
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the location & the neighbourhood (Marpole, Vancouver West)
photos of 8732 Granville Street, Marpole, Vancouver West
Photo 1 at 8732 Granville Street, Marpole, Vancouver West
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Photo 9 at 8732 Granville Street, Marpole, Vancouver West
Photo 10 at 8732 Granville Street, Marpole, Vancouver West
