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White Rock,BC V4B 1H5
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,211 sqft
Price per Sqft $736
Subdivision White Rock
MLS Listing ID C8064399
Year Built 1940
Annual Tax Amount $10,267
Tax Year 2024
Property Description
RARE INVESTMENT OPPORTUNITY!! OCEAN VIEW 7-PLEX! Welcome to a very unique, cash flow property situated in a prime White Rock location with 5% CAP RATE! Sitting on a 4,500 sq ft (45'' x 100'') hillside CORNER lot with panoramic ocean views. This property features 7 updated residential units and a bonus 8th unit rented out as storage space. 3 levels having 4,211 of interior living space. The main level is approx. 2,030 sqft containing four suites, two of which are south facing. The bottom level is approx. 1,440 sqft containing two south facing walk out suites. On the top level, the south facing penthouse is approx. 741 sqft featuring a massive 700+ sqft private rooftop over looking Semiahmoo Bay. The exterior has been updated with new roof, paint, deck, railings, hardy plank, kitchen, appliances, lighting and flooring. The property is legal non conforming.
Location
Province BC
Community White Rock
Area South Surrey White Rock
Zoning British Columbia Default Zone
Exterior
Roof Type Torch On
Building
Dwelling Type Multi-Family Commercial
Story 3
Water Municipal
Structure Type Wood Frame