- ©MLS C8077715
Description
Excellent investment opportunity to acquire a 15-unit multifamily building in a high-exposure location along 1st Avenue / Lougheed Highway in the growing City of Mission. This income-producing property features a well-balanced unit mix Of 4 studio suites, 10 one-bedroom suites, and 1 two-bedroom suite, with gross monthly revenue exceeding $14,800. Significant capital upgrades have been completed over the years, including roof replacement in 2019, hot water boiler system replacement in 2017, and PBX/ copper plumbing upgrades in 2015, along with updated light fixtures and appliances, helping support long-term value and operational stability. Ideally situated close to transit, shopping, and everyday amenities, the property benefits from strong tenant appeal in a convenient and accessible location. A compelling opportunity for investors seeking stable cash flow, upside potential, and long-term appreciation. Contact us for more information. (id:48970) Show More
Details
- Property Type: Multi-family
Location
Similar Properties
For Sale
$ 1,999,900
- C8076962 ©MLS
- 0 Bedroom
- 0 Bathroom
For Sale
$ 699,000
- C8064236 ©MLS
- 0 Bedroom
- 0 Bathroom
For Sale
$ 198,000
- C8074216 ©MLS
- 0 Bedroom
- 0 Bathroom
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
Data provided by: Fraser Valley Real Estate Board