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MLS® C8069198

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 9000 sqft
Garage 
Taxes $10,455
Days Active 351
Lot Size 
Approx. Age 1958
Avg. Price Per Sqft $355
MLS® Number C8069198

Property Address: 6822 Arcola St, Burnaby, BC, V5E1H3

Average square foot calculated using Size range provided by listing agent.

Description

Fantastic investment and future development opportunity! This well-maintained 2-storey, 10-unit apartment building offers strong, reliable income with approximately $175, 000 in annual rental revenue plus an additional $2, 000 from laundry. Fully tenanted with long-term, stable renters. Numerous recent upgrades include new roofs, windows, boiler, furnace, exterior paint, and durable laminate flooring throughout'all contributing to lower maintenance costs and tenant satisfaction. Located in a high-demand, transit-friendly area close to shopping, schools, and amenities. This is a prime holding property with excellent cash flow and long-term value. Even more attractive is its location within a potential land assembly zone, with future redevelopment potential for up to 20-storey high-rise. Whether you're looking for steady income now or strategic upside in the future, this is a rare and solid opportunity for investors and developers alike.Secure this high-performing asset in a growing neighborhood! (id:58753)Show Description
MLS® NumberC8069198
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1958
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
6822 Arcola St, Burnaby, BC

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