Discover a unique investment opportunity with this charming 24-unit rental building on a massive 20,813sf lot nestled in the heart of Port Coquitlam. Strategically positioned in the vibrant downtown neighborhood, this building is surrounded by an array of amenities, including trendy cafes, restaurants, shopping centres & cultural hotspots. Its central location provides easy access to public transit, making it a desirable choice for convenience & accessibility. Port Coquitlam is undergoing substantial growth & revitalization, with zoning changes that may allow for expansion or redevelopment, enhancing property's long-term value. Although currently zoned RA1, this building has RA2 zoning designation which allows for higher density. With ongoing influx of residents & businesses into the area, demand for quality rental housing continues to rise, positioning this property for substantial appreciation & development. This 24-unit rental building is not just a property, it's a gateway to a promising investment.

General Info:

Sale Type:: Asset

Ownership:: Freehold

Property Type:: Land Commercial, Multi-Family Commercial

Commercial Type:: Multi Family

Construction:: Mixed

Num Storeys:: 3

Building Type:: Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)

# Units Total:: 24

# Other Units:: 24

# of Apartments:: 24

# of Studio Apartments:: 0

# of Penthouse Apartments:: 0

# of Bachelor Apartments:: 2

# of 4+ Bedroom Apartments:: 0

# of 1 Bedroom Apartments:: 22

# of 2 Bedroom Apartments:: 0

# of 3 Bedroom Apartments:: 0

Year built:: 1981 (Age: 44)

Living Area:: 0 sq. ft.0 m2

Subject Property Width:: 157'47.9 m

Lot Area:: 20,813 sq. ft.1,934 m2

Zoning:: Signup

Potential to Redevelop:: JUST STARTED ENVIRONMENTAL, No

Fencing:: Signup

Parking:: Guest

# Of Parking Spaces - Total:: Signup

Road Frontage:: Signup

Road Surface:: Paved

Heating:: Signup

Cooling:: Mixed

Electricity:: Yes

Services Connected:: Cable at Lot Line, Cable Connected, Curb/Gutter, Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Phone Connected, Sidewalk