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Main Photo: 6832 ARCOLA Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8042921
Photo 1: 6832 ARCOLA Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8042921
Photo 2: 6832 ARCOLA Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8042921
Photo 3: 6832 ARCOLA Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8042921
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8042921
Build. Type:
Low Rise (2-4 stories)
Introducing an investment opportunity in the Burnaby's desirable Highgate neighbourhood – a well-maintained 2-storey plus basement, 10-unit apartment building. Situated on a 9000 SF lot (75' x 120'). This property is surrounded by conveniences, making it highly attractive for tenants and future development prospects. The building's excellent condition and responsible tenants ensure a consistent cash flow. Also, with its good holding potential, this property presents a valuable long-term investment opportunity for mid-rise development in the future. Take advantage of the potential for both immediate cash flow and future growth!
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
10
# Other Units:
0
# of Appartments:
0
# of Studio Appartments:
0
# of Penthouse Appartments:
0
# of Bachelor Appartments:
0
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
0
# of 2 Bedroom Appartments:
0
# of 3 Bedroom Appartments:
0
# Storeys:
2.0
Year built:
1958 (Age: 65)
Total Floor Area:
0 sq. ft.
Lot Area:
9,000 sq. ft.
Land Use/Zoning:
RM3
Taxes:
$9,570.82 / 2020
HVAC:
Hot Water
Roof:
Tar & Gravel
Env Assmt Phase:
No
Cap Rate %:
0.0
Other Income:
$0
Effective Gross Income:
$0
Gross Income:
$0
Oper. Expenses:
$0
Net Operating Income:
$0
Previous Price:
$4,300,000
Original Price:
$4,300,000
  • Photo 1: 6832 ARCOLA Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8042921
    Photo 1 of 3
  • Photo 2: 6832 ARCOLA Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8042921
    Photo 2 of 3
  • Photo 3: 6832 ARCOLA Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8042921
    Photo 3 of 3
Listed by RE/MAX Select Properties
Data was last updated December 11, 2023 at 04:35 AM (UTC)
RE/MAX Select Properties
Office: 604-737-8865
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