11,651 ft²Multifamily$4,699,900Sale
11,651 ft²
Multifamily
$4,699,900
Sale
Cameron Manning
Kelly Fry Team
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Rarely Available 14 unit, multi-family building located in a prime area of downtown Port Coquitlam. Prime Suite Mix with opportunities to increase Net-Income or develop!
The Space
Asking Price$4,699,900
Available Space11,651 ft²
NegotiableYes
Net Operating Income$160000
Property UseMulti family
MLS® IDC8058687
SourceDirect
The Building - ELIZABETH MANOR
Rarely Available multi-family complex located in a prime area of downtown Port Coquitlam. This well maintained, 3 level building, has 14 fully occupied units. Very desirable mix of units including: 2 Bachelor units, 7 One Bedrooms, 4 Two Bedroom Units & 1 Three Bedroom Penthouse Suite. Complex is in a highly desirable area with increased density potential. Easy access to Pitt River Road to Lougheed Hwy. Each unit is separately metered and complex features coin laundry for an extra income source. Gross income of $220,000 and over $160K net (3.3% Cap). Please call or email Listing Agent for more details.
Property TypeMultifamily
Floors3
Lot Size11,651 ft²
Cap Rate3.3%
Year Built1968
Net Operating Income$160,000/yr
Up to $500K for British Columbia businesses
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