Salem Cherkaoui

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1968 W 2ND Avenue
Kitsilano Vancouver V6J 1J3

$13,888,000
Multi-Family Commercial

Main Photo: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 1: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 2: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 3: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 4: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 5: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 6: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 7: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 8: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 9: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 10: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 11: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 12: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 13: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 14: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Photo 15: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8029231
Build. Type:
Low Rise (2-4 stories)
PRIME KITSILANO LOCATION. BEAUTIFULLY RENOVATED 24 UNIT BUILDING on a HUGE 100' x 120' LOT with UNDERGROUND PARKING! This walk up building offers updated windows, plumbing, electrical,,deck and railings and more. All suites are nicely appointed with new full kitchens and dishwashers, in suite laundry, new bathrooms, laminated floors and individual electrical panels. There are 17 underground parking stalls and 5 open at rear for a total 23 parking stalls. There are also 23 secured storage lockers. Superb tenants in place. The 2019 NOI is approx. $409,853. This building is in turn key condition, better than most strata properties. Please call be a package and information, allow notice to tour.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Concrete, Wood Frame, Mixed
Building Type:
Low Rise (2-4 stories)
# Units:
24
# Storeys:
3.0
Year built:
1968 (Age: 52)
Total Floor Area:
15,009 sq. ft.
Land Use/Zoning:
RM-4
Taxes:
$37,674.52 / 2019
# Elevators:
0
HVAC:
None
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
  • Photo 1: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
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  • Photo 5: 1968 W 2ND Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8029231
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Listed by Sutton Group-West Coast Realty
Data was last updated April 6, 2020 at 11:05 AM (UTC)
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.