8732 GRANVILLE STREET|Vancouver, British Columbia V6P5A5

MLS Number: R3047703

Property Details: • Type: Single Family • Ownership Type: Freehold • Bedrooms: N/A • Bathrooms: 0 • Building Type: N/A • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: N/A • Parking Spaces: N/A

Description: Well-maintained 10-unit multifamily building in the heart of Marpole. Built in 1996 on a 4,940 square 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 square 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%. (31912137)

Agent Information: • Agents: Krystal Ma • Contact: 778-885-0556 • Brokerage: Royal Pacific Riverside Realty Ltd. • Website: http://www.royalpacific.com

Time on Realtor: N/A