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Multifamily

1631 Grant Street

1631 Grant St, Vancouver, BC V5L 2Y4

Listing Price: $2,990,000

Cap Rate
2.94%
Number of Units
5
Price/Unit
$598,000
Price/Gross SF
$862.91
Gross SF
3,465

Investment Overview

1631 Grant Street presents investors the opportunity to purchase a generationally owned and well-managed asset, located steps away from trendy Commercial Drive. The building features 5 meticulously maintained units, each with balconies and strong rents in place, with upside in rental income upon tenant turnover. With a walk score of 96, 1631 Grant Street is close to shopping, restaurants, grocery stores, and all the amenities that Commercial Drive has to offer.

Investment Highlights

  • 5 Unit Apartment Building Located Steps Away from Trendy Commercial Drive
  • 1631 Grant Street is close to shopping, restaurants, grocery stores, and all the amenities that Commercial Drive has to offer
  • Capital expenditures include a new roof (2021), newer windows (2000), some plumbing replacement (2021), new balcony railings (2021) and a new hot water tank (2022)

Exclusively Listed By

Multifamily

1631 Grant Street

Listing Price: $2,990,000

Cap Rate
2.94%
Number of Units
5
Price/Unit
$598,000
Price/Gross SF
$862.91
Gross SF
3,465

Investment Highlights

  • 5 Unit Apartment Building Located Steps Away from Trendy Commercial Drive
  • 1631 Grant Street is close to shopping, restaurants, grocery stores, and all the amenities that Commercial Drive has to offer
  • Capital expenditures include a new roof (2021), newer windows (2000), some plumbing replacement (2021), new balcony railings (2021) and a new hot water tank (2022)

Investment Overview

1631 Grant Street presents investors the opportunity to purchase a generationally owned and well-managed asset, located steps away from trendy Commercial Drive. The building features 5 meticulously maintained units, each with balconies and strong rents in place, with upside in rental income upon tenant turnover. With a walk score of 96, 1631 Grant Street is close to shopping, restaurants, grocery stores, and all the amenities that Commercial Drive has to offer.

Exclusively Listed By

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