6822 Arcola ST new

Burnaby,BC V5E 1H3

$ 3980000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type Asset

MLS Listing ID C8069198

Year Built 1958

Lot Size 9,147 Sqft

Property Sub-Type Multi Family

Property Description

Well maintained 2 storey, 10 units apartment building. Total annual rental income from building around $175,000 plus laundry income of $2,000. New roofs, new windows, new boiler and furnace and painting and laminate flooring. Very good location with good tenants. Very strong consistent cash flow location, good holding property with potential for high rise 20 storey land assembly development.

Location

Province BC

Community Highgate

Area Burnaby South

Zoning RM3

Interior

Heating Hot Water

Building

Story 2

Others

Ownership Freehold

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