13 UNIT GLEN APARTMENTS (12 X 1BDR. 1 X 2BDR.)

Offered: $5,200,000.00

( MLS C8045153)

(Shared Commission. 2%)

2021 Pro-forma Data Sheet Available

Updated Rent Roll available

(E-mail rob@robrivington.com)

8685 OSLER ST. MARPOLE

Well maintained 13 Suite Apartment in South Vancouver. Huge corner lot 72' X 140' (10,008 SF). A great place to park your hard earned cash with an Annual Gross Income of over $190,000.00. (E-Mail for complete Financials). The building has an on-going program of capital upgrades including a Torch on roof 2011, Spectrum Boiler in 2003 and Universal Hot Water tank in 2013. Upgrades in the suites include heat/smoke detectors, electrical upgrades, counter tops, appliances and bathroom tiling. Parking for 11 cars with 3 covered. Storage and Laundry for the tenants. Individual thermostats and billing for each suite. Huge potential for future development as the limits on building height for rentals can go to five floors. Zoned RM-3A (Multi-Family) This Lot can be negotiated into the City of Vancouver “Secured Rental Program”. Ask for a Brochure or call me at 778-994-1747.