246 W 4TH Street
Lower Lonsdale North Vancouver V7M 1H7

$3,380,000
Multi-Family Commercial

Main Photo: 246 W 4TH Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8066256
Photo 1: 246 W 4TH Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8066256
Photo 2: 246 W 4TH Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8066256
Photo 3: 246 W 4TH Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8066256
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Photo 38: 246 W 4TH Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8066256
Photo 39: 246 W 4TH Street in North Vancouver: Lower Lonsdale Multi-Family Commercial for sale : MLS®# C8066256
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8066256
Build. Type:
Freestanding
246 West 4th Street North Vancouver Four Plex 7013sf lot size 50 foot frontage x 140 foot Depth, INVESTMENT opportunity for BIG development SITE flat Location. DEVELOPERS INVESTORS ALERT. Possible for rezoning. The site is designated for medium density - RT1 zoning and R4A OCP, 1 FSR, Buy and Hold and Develop, Annual Rental Income $75,360
Sale Type:
Asset
Sublease:
No
Construction:
Wood Frame
Building Type:
Freestanding
# Units:
0
# Other Units:
0
# of Apartments:
4
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
2
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
22
# Storeys:
3.0
Year built:
1969 (Age: 56)
Total Floor Area:
4,913 sq. ft.
Lot Area:
7,013.23 sq. ft.
Lot Depth:
140
Lot Frontage:
50'
Land Use/Zoning:
RT-1
Permitted Use:
Residential
Taxes:
$10,873.5 / 2024
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
1.24
Other Income:
$0
Effective Gross Income:
$75,360
Gross Income:
$75,360
Oper. Expenses:
$33,441
Net Operating Income:
$41,919
Original Price:
$3,380,000
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Listed by RE/MAX Crest Realty
Data was last updated February 8, 2025 at 06:10 PM (UTC)
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