Gena Smith Belanger

1 604-892-4012
Gena Smith Belanger
Cell:1 604-892-4012
Office:1 604-898-1010

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37953 WESTWAY Avenue in Squamish: Valleycliffe Multi-Family Commercial for sale : MLS®# C8035144

37953 WESTWAY Avenue Squamish V0N 3G0 : Valleycliffe

Main Photo: 37953 WESTWAY Avenue in Squamish: Valleycliffe Multi-Family Commercial for sale : MLS®# C8035144
$1,878,000
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8035144
Status:
Active
Build. Type:
Multiple Tenant/Multi-Plex (5+)
Great investment opportunity! Located 1 minute to Hwy 99 direct access to Vancouver & Whistler. Great revenue 4-plex located on a huge corner double-sized lot in Valleycliffe w/4 newly renovated homes each w/2 beds + den.Each unit is fully tenanted. All units are equipped w/ own hot water tanks, gas forced air furnaces, laundry room incl. in-suite laundry & full kitchens. The property is updated with newer windows, siding, painted & roof. Each unit has a private yard space w/huge views of the Chief & a short walk to hospital. Includes communal gardens & additional green space. The zoning RM-2 (.8 fsr). Very good income+Future Opportunity. No Foreign Tax! 4 Units identical. Rents $1900/$1900(new)/$1586.20/$1203.09 Income as of Dec 1/20 79,071k$+ approx 3.5% cap with upside to 91k+ In income And 4%+ cap
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Multiple Tenant/Multi-Plex (5+)
# Units:
4
# Storeys:
2.0
Year built:
1964 (Age: 56)
Total Floor Area:
Switch units of measure4,014 sq. ft.
Land Use/Zoning:
RM2
Taxes:
$6,055.09 / 2020
HVAC:
Forced Air, Separate Water Heaters
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
Listed by RE/MAX Masters Realty
Data was last updated December 5, 2020 at 12:10 PM (UTC)
GENA SMITH BELANGER
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