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$ 1,795,000
Est. payment | /mo
4,791 Sqft Lot
$ 1,795,000
Est. payment | /mo
4,791 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset or Share
MLS Listing ID C8077715
Lot Size 4,791 Sqft
Property Sub-Type Multi Family
Property 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.
Location
Province BC
Community Mission Bc
Area Mission
Zoning CH1
Interior
Heating Baseboard, Radiant
Appliance Common Water Heater
Exterior
Utilities Available Electricity at Lot Line, Natural Gas Connected, Street Lighting
Roof Type Rolled/Hot Mop,Torch On
Street Surface Paved
Building
Sewer Public Sewer
Water Public
Others
Ownership Freehold
Nearby Locations
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