Address
759 4Th Avenue, Hope, BC
Price
$ 3,999,900
Property Attributes
  • ID#C8055277
  • TypeCommercial
  • CityHope
  • AreaHope & Area
  • Postal CodeV0X 1L4
  • StyleMulti-Family Commercial
  • Price$ 3,999,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9150
Data Source:
Greater Vancouver REALTORS®
Property Description

RARE OPPORTUNITY! Pleased to present Villa Apartments, a mixed use asset located at 759 4th Ave in the heart of Downtown Hope. The subject property is a free standing 2-storey building with a total of 15 units. It is comprised of 2 ground level commercial units and 13 residential units (1 bachelor, 6 x 1 bedroom, 3 x 1 bedroom + Den, 3 x 2 bedrooms) and one coined laundry room. Lot size 40x170 (6,800 sq.ft) and 3.46% cap rate. Conveniently located just across from Memorial Park, Hope cinema, Highway #1, banks, shopping, and City Hall. Well maintained building throughout the years with a reliable property manager taking care of rental and maintenance, with rental income of approximately $167,000/year. Very low expenses and vacancy rate. Lots of parking in front of the building. Please contact the listing agent for further details.

General Features

Amenities Laundry Facility,Paved Yard,Storefront,Visitor Parking,Washrooms Female/Male
Subdivision Hope
Transaction Type For Sale
Status ACTIVE
Region Chilliwack
Year Built 1955
City Hope
Street Name 4TH

Interior Features

Total Number of Units 15

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V0X 1L4

Price
AVG $1.21M
$4M
Visits
AVG 45
106
Data Provided by Inside Real Estate®

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