$1,420,000
$1,498,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
5,494 SqFt
SOLD DATE : 07/29/2024
Key Details
Sold Price $1,420,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,494 sqft
Price per Sqft $258
Subdivision Hope
MLS Listing ID C8059503
Sold Date 07/29/24
Year Built 1997
Annual Tax Amount $5,957
Tax Year 2023
Property Description
Impeccably kept 6 unit apartment (built in 1997) in the heart of Hope with Panoramic Mountain views. Excellent location & neighborhood. Steps to everything. Five 2 bedroom apartments & one 1 bedroom & den, all with in-suite laundry. Each unit is bright, spacious, separately metered & tenants pay their own utilities & have fridge, stove, dishwasher, washer, dryer & air conditioning. Building has been extremely well maintained. New roof & A/C units in 2019, half of the appliances are newer, most blinds replaced in 2022. Steady rental income with some long term tenants giving potential for higher rents. Current owners have not had vacancies in the 9 years they have owned it. Lots of parking. Low maintenance property. No dogs & non-smoking building. Current zoning RM-1 allows for Apartment, Seniors housing & accessory uses - Day care & Preschool. OCP Urban/Suburban Residential with potential for special needs housing, institutional uses & commercial or comprehensive zoning. Invest in your future - a safe bet!
Location
Province BC
Community Hope
Area Hope & Area
Zoning British Columbia Default Zone
Region Chilliwack
City Region Chilliwack
Exterior
Roof Type Torch On
Building
Story 2
Water Municipal
Structure Type Wood Frame
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