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8656 Montcalm Street Vancouver, British Columbia V6P 4P8

$4,100,000

The Grove is a super clean maintenance free 3 storey wood frame building with 11 suites (7 one beds, 3 two beds and 1 bachelor). The property has undergone substantial renovations both exterior and interior. The roof has been replaced with a 3 ply torched on membrane and the exterior fully painted. The building boasts a high efficiency IBC heating systems to reduce utility bills, the common area has new carpet and paint and the lobby has environmentally friendly bamboo hardwood flooring. The building owns its own coin laundry appliances. All suites have been improved with new paint and refinished hardwood floors and new bathrooms. Two of the larger suites have recently had brand new condo quality kitchens installed. Zero vacancy, low occupant load, quiet working professional tenants. Very well cared for building that needs little management. 3%+ Cap rate. (id:43859)

Property Details

MLS® Number C8037960
Property Type Multi-family

Building

Constructed Date 1960
Fireplace Present No

Land

Acreage No
Size Irregular 6000
Size Total 6000 Sqft
Size Total Text 6000 Sqft
Zoning Description Rm-3a

https://www.realtor.ca/real-estate/23124527/8656-montcalm-street-vancouver

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Magsen Realty Inc.
3173 Main Street
Vancouver, British Columbia V5T 3G8

(604) 872-3218
(604) 872-0138