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1810 1 St 4 Unit Apartment Building $1,198,000 CAD ($299,500 CAD/Unit) Fruitvale, BC V0G 1L0
INVESTMENT HIGHLIGHTS
- Brand new hot water tanks in units A, B, D
- All new windows, doors, blinds
- Remote sensor exterior lighting
- Sound dampening insulation between units
- Stove venting to exterior
- New building siding on all sides
EXECUTIVE SUMMARY
RLK Commercial is pleased to offer for sale a 100% interest in 1810 First Street, located in Fruitvale, BC – an exceptionally rare recently renovated multi-family investment and development opportunity with consistent occupancy and tremendous upside. Featuring four fully “renovated down to the studs” suites, each with 2-beds and 1 bath, and boasting RM2 (Medium Density Multiple Housing) zoning entitlements with concept plans for an additional two suites at the rear of the building, the property is extremely well positioned for investors and developers to leverage a stable income base and capitalize on exciting redevelopment upside.
PROPERTY FACTS
| Price | $1,198,000 CAD | Property Subtype | Apartment |
| Price Per Unit | $299,500 CAD | Lot Size | 0.43 AC |
| Sale Type | Investment | Building Size | 2,100 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1972/2021 |
| Zoning | RM2 - Medium Density Multiple Housing | ||
| Price | $1,198,000 CAD |
| Price Per Unit | $299,500 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.43 AC |
| Building Size | 2,100 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2021 |
| Zoning | RM2 - Medium Density Multiple Housing |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 710 - 880 |
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1810 1 St
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