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Key Details
Sold Price $6,550,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 18,492 sqft
Price per Sqft $354
Subdivision Marpole
MLS Listing ID R2733810
Sold Date 02/22/23
Style 3 Storey
Bedrooms 1
Full Baths 1
Abv Grd Liv Area 6,164
Total Fin. Sqft 18492
Year Built 1970
Annual Tax Amount $19,209
Tax Year 2022
Lot Size 0.298 Acres
Acres 0.3
Property Description
El Rancho apartments give investors the chance to purchase a multifamily unit in Vancouver’s popular Marpole area. This building boasts 23 units of roughly 850-900 square feet each, 22 one bedroom, 1 two bedroom, as well as 23 secured underground parking spots, which generate additional income. Every suite has its own balcony as well as lots of great natural light. Recent upgrades include, new hot water tank, balcony railings, windows and more (ask listing agent for a complete list). Building is on a 13000 square foot lot with a RM-3A zoning, with great potential for redevelopment.
Location
State BC
Community Marpole
Area Vancouver West
Zoning RM3A
Rooms
Basement None
Kitchen 0
Interior
Heating Electric
Heat Source Electric
Exterior
Exterior Feature Balcony(s)
Amenities Available Shared Laundry, Storage
Roof Type Tar & Gravel,Torch-On
Lot Frontage 100.0
Lot Depth 130.0
Parking Type Garage Underbuilding
Building
Story 3
Foundation Concrete Perimeter
Sewer City/Municipal
Water City/Municipal
Locker Yes
Structure Type Frame - Wood
Others
Restrictions No Restrictions
Tax ID 010-264-043
Energy Description Electric
Pets Description No Restriction
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Bought with RE/MAX Colonial Pacific Realty
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