759 4th Avenue, Hope, BC

$3,999,900 CAD

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9,150

Square feet

0.16

Acres

About 759 4th Avenue

RARE OPPORTUNITY! Pleased to present Villa Apartments, a mixed use asset located at 759 4th Ave in the heart of Downtown Hope. The subject property is a free standing 2-storey building with a total of 15 units. It is comprised of 2 ground level commercial units and 13 residential units (1 bachelor, 6 x 1 bedroom, 3 x 1 bedroom + Den, 3 x 2 bedrooms) and one coined laundry room. Lot size 40x170 (6,800 sq.ft) and 3.46% cap rate. Conveniently located just across from Memorial Park, Hope cinema, Highway #1, banks, shopping, and City Hall. Well maintained building throughout the years with a reliable property manager taking care of rental and maintenance, with rental income of approximately $167,000/year. Very low expenses and vacancy rate. Lots of parking in front of the building. Please contact the listing agent for further details.

Features of 759 4th Avenue

MLS® # C8055277
Price $3,999,900 CAD
Square Footage 9,150
Acres 0.16
Year Built 1955
Type Multi-Family Commercial
Status ACTIVE

Community Information

Address 759 4th Avenue
Subdivision Hope
City Hope
Province BC
Postal Code V0X 1L4

Additional Information

Zoning CBD

Listing Details

OfficeSkyline West Realty

Listing Map

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