Address
626 Wallace Street, Hope, BC
Price
$ 1,698,000
Property Attributes
  • MLS#C8059503
  • TypeCommercial
  • CityHope
  • AreaHope & Area
  • Postal CodeV0X 1L0
  • StyleMulti-Family Commercial
  • Price$ 1,698,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5494
Data Source:
Greater Vancouver REALTORS®
Property Description

Impeccably kept 6 unit apartment (built in 1997) in the heart of Hope with Panoramic Mountain views. Excellent location & neighborhood. Steps to everything. Five 2 bedroom apartments & one 1 bedroom & den, all with in-suite laundry. Each unit is bright, spacious, separately metered & tenants pay their own utilities & have fridge, stove, dishwasher, washer, dryer & air conditioning. Building has been extremely well maintained. New roof & A/C units in 2019, half of the appliances are newer, most blinds replaced in 2022. Steady rental income with some long term tenants giving potential for higher rents. Current owners have not had vacancies in the 9 years they have owned it. Lots of parking. Low maintenance property. No dogs & non-smoking building.Current zoning RM-1 allows for Apartment, Seniors housing & accessory uses - Day care & Preschool. OCP Urban/Suburban Residential with potential for, special needs housing, institutional uses & commercial or comprehensive zoning. Invest in your future - a safe bet!

General Features

Amenities Air Conditioning,Balconies,Paved Yard
Subdivision Hope
Transaction Type For Sale
Status ACTIVE
Region Chilliwack
Year Built 1997
City Hope
Street Name WALLACE

Interior Features

Total Number of Units 6

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 1L0

Price
AVG $840K
$1.7M
Visits
AVG 42
28
Data Provided by Inside Real Estate®

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