CABCBurnabyKingsway-Beresford6822 Arcola St
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6822 Arcola St, Burnaby, BC

Real Estate

For Sale

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000

MLS® C8069198

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 9000 sqft
Garage No
Maintenance Fees 
Taxes $10,455
Days Active 243
Approx. Age 1958
Avg. Price Per Sqft $403
MLS® Number C8069198

Property Address: 6822 Arcola St, Burnaby, BC, V5E1H3

Average square foot calculated using Size range provided by listing agent.

Description

Fantastic investment and future development opportunity! This well-maintained 2-storey, 10-unit apartment building offers strong, reliable income with approximately $175, 000 in annual rental revenue plus an additional $2, 000 from laundry. Fully tenanted with long-term, stable renters. Numerous recent upgrades include new roofs, windows, boiler, furnace, exterior paint, and durable laminate flooring throughout'all contributing to lower maintenance costs and tenant satisfaction. Located in a high-demand, transit-friendly area close to shopping, schools, and amenities. This is a prime holding property with excellent cash flow and long-term value. Even more attractive is its location within a potential land assembly zone, with future redevelopment potential for up to 20-storey high-rise. Whether you're looking for steady income now or strategic upside in the future, this is a rare and solid opportunity for investors and developers alike.Secure this high-performing asset in a growing neighborhood! (id:58753)Show Description
MLS® NumberC8069198
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1958
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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Price History

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  • Commute

Commute

Starting Address
Destination Address
6822 Arcola St, Burnaby, BC

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