Impeccably kept 6 unit apartment (built in 1997) in the heart of Hope with Panoramic Mountain views. Excellent location & neighborhood. Steps to everything. Five 2 bedroom apartments & one 1 bedroom & den, all with in-suite laundry. Each unit is bright, spacious, separately metered & tenants pay their own utilities & have fridge, stove, dishwasher, washer, dryer & air conditioning. Building has been extremely well maintained. New roof & A/C units in 2019, half of the appliances are newer, most blinds replaced in 2022. Steady rental income with some long term tenants giving potential for higher rents. Current owners have not had vacancies in the 9 years they have owned it. Lots of parking. Low maintenance property. No dogs & non-smoking building.Current zoning RM-1 allows for Apartment, Seniors housing & accessory uses - Day care & Preschool. OCP Urban/Suburban Residential with potential for, special needs housing, institutional uses & commercial or comprehensive zoning. Invest in your future - a safe bet! (id:44056)

Property Details

Full Address:
626 WALLACE STREET, Hope & Area, British Columbia
Price:
$ 1,898,000
MLS Number:
C8059503
List Date:
April 25th, 2024
Lot Size:
0.21 ac
Year Built:
1997
Listing Tax Year:
2023

Interior Features

Interior Features:
Balconies, Street Lighting
Air Conditioning:
Central air conditioning

Building Features

Floors

Finished Area:
5494 sq.ft.

Land

Lot Size:
0.21 ac
Road Type:
Paved road

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

Listing Agent

Tracey Bosch
Royal LePage - Wolstencroft

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