Princess Pan RE/MAX Crest Realty Westside

Tel 778-945-8540 | EMAIL princess-bc@hotmail.com |

Commercial Listings

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1235 NELSON Street
West End VW Vancouver V6E 1J5

$23,800,000
Multi-Family Commercial

Main Photo: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8036005
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8036005
Build. Type:
High-Rise (5+ storeys)
Very well maintained building on a large 132x132 RM5S lot. Building shows a 2.7% cap rate with low rents. Easy to show. Held in a bare trust so no ppt savings of over $1 million in taxes. Great location just west of Bute St. Building heritage B zoned. Easy to get over a 3% cap rate with rental turnover. All info avail on my web site. To view call LS. Note great suite mix of 17 two beds 9 one bed and den and 16 one beds.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Brick/Masonry
Building Type:
High-Rise (5+ storeys)
# Units:
42
Year built:
1931 (Age: 90)
Land Use/Zoning:
RM5B
Taxes:
$55,663 / 2020
Water Supply:
Municipal
HVAC:
Hot Water
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:
  • Photo 1: 1235 NELSON Street in Vancouver: West End VW Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8036005
    Photo 1 of 1
Listed by NAI Commercial
Data was last updated March 4, 2021 at 12:05 PM (UTC)
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