- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8054833
- Build. Type:
- Low Rise (2-4 stories)
- Photos (24)
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Builders or Investors. 52,444 sqft holding property pending redevelopment of the site. Original owner. 1st time on the market. One of the most desirable locations in Richmond. Just east of No 3 Rd in the Broadmoor/Lucas area. The property known as Laddy Court consists of 5 Duplexes for a total of 10 units, well maintatined with upgrades over the years. All currently tenanted on month to month basis. Please do not enter the property without appointment and do not disturb tenants. Amazing opportunity for the right buyer.
- Sale Type:
- Asset
- Construction:
- Wood Frame
- Building Type:
- Low Rise (2-4 stories), Multiple Tenant/Multi-Plex (5+)
- Name of Complex/Subdivision:
- Laddy Court
- # Bldgs:
- 5
- # Units:
- 10
- # Other Units:
- 10
- # of Appartments:
- 10
- # of Studio Appartments:
- 0
- # of Penthouse Appartments:
- 0
- # of Bachelor Appartments:
- 0
- # of 4+ Bedroom Appartments:
- 0
- # of 1 Bedroom Appartments:
- 0
- # of 2 Bedroom Appartments:
- 0
- # of 3 Bedroom Appartments:
- 10
- # Storeys:
- 2.0
- Year built:
- 1957 (Age: 66)
- Total Floor Area:
- 1.2 acre(s)
- Lot Area:
- 1.2 acre(s)
- Acres Freehold:
- 1.2 acre(s)
- Land Use/Zoning:
- LAND USE
- Permitted Use:
- Multifamily (5+), Residential
- Taxes:
- $33,380.07 / 2023
- Visitor Parking
- Services Connected:
- Cable, Electricity, Garbage Collection, Natural Gas, Telephone, Sewer - Storm
- Water Supply:
- Municipal
- Roof:
- Asphalt Shingles
- Sewer Septic:
- Municipal/Community
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- Not Applicable
- Cap Rate %:
- 0.85
- Other Income:
- $0
- Effective Gross Income:
- $0
- Gross Income:
- $152,000
- Oper. Expenses:
- $49,000
- Net Operating Income:
- $103,000
- Original Price:
- $12,000,000
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Listed by Sutton Group-West Coast Realty
and Macdonald Realty Westmar
Data was last updated December 1, 2023 at 06:10 PM (UTC)
- Ela Tomlin
- Sutton Group-West Coast Realty
- 604-307-9321
- Contact by Email
- Judy Ting
- Macdonald Realty Westmar
- (604) 779-2389
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
Copyright 2023 by the Real Estate Board of Greater Vancouver,
Fraser Valley Real Estate Board, Calgary Real Estate Board Cooperative Ltd.,
REALTORS® Association of Edmonton, Chilliwack & District Real Estate Board,
BC Northern Real Estate Board and Kootenay Real Estate Board. All Rights Reserved.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.