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101 -322 9333 TOMICKI Avenue in Richmond: West Cambie Multi-Family Commercial for sale : MLS®# C8016782

101 -322 9333 TOMICKI Avenue Richmond V6X 0L4 : West Cambie

Main Photo: 101 -322 9333 TOMICKI Avenue in Richmond: West Cambie Multi-Family Commercial for sale : MLS®# C8016782
$1,399,000
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8016782
Status:
Active
Build. Type:
Condo Strata Complex
For the Socially Conscience Investor. 5 units, separately titled; 3 - 1 bed & 2 - 2 bed units located at Omega built by Concord Pacific. These units are part of Richmond's Affordable Housing Program, specifically the Low End Market Rental program. Restrictions on rents and allowed household income. Gross revenue $5,334.00 per month. Reduced property zero vacancy. Household income restrictions, 1 bed, $38K 2 bed, $46.5K. Rental set by Richmond and reviewed yearly. No showings without accepted offer as per seller's instructions. All 5 units must be purchased and sold as a block, cannot be separated.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Condo Strata Complex
# Units:
0
# Storeys:
4.0
Year built:
2014 (Age: 4)
Main Floor Area:
Switch units of measure3,875 sq. ft.
Land Use/Zoning:
ZLR24
Taxes:
$4,370.31 / 2016
Water Supply:
Municipal
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
$37,163
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
Listed by Sutton Grp-Vancouver First Rty
Listing information last updated on March 29, 2018 at 06:51 PM (UTC)
Mark Cumming