Basics
- Date added: Added 3 years ago
- Bedrooms: 1
- Bathrooms: 1
- Area: 617 sq ft
- Year built: 1970
Description
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Description:
An investment opportunity awaits you near SFU, in the highly sought-after Port Moody area. This property is perfectly suited for both new and seasoned Investors looking to capitalize on a lucrative flip or rental venture. Situated within a 3-storey wood-framed building, this ground floor unit offers immense potential at an attractive price. While the unit is currently in it’s original condition, this presents an ideal canvas for Investors to exercise their creativity and turn it into a desirable living space. An Investor has the freedom to either hold the property, perform basic renovations, and generate a steady rental income or renovate and list on the MLS for immediate profits. Properties at this price are rare, especially within the Lower Mainland. The desirable Port Moody area ensures a high demand from both Tenants and Buyers, promising a healthy return on investment. Don’t miss out on this chance to secure a discounted property in a prime location!! We are selling our assignable purchase contract.
Closing is June 15th, 2023
**The Buyer agrees that the Seller may leave furniture and belongings in the property upon closing.**
Show all descriptionPROPERTY FEATURES- 3-storey, wood-framed building, ground floor unit
- 1 bedroom
- 4-piece bathroom
- Built in 1970
- Total interior square footage: 617 sq ft (as per BC Assessment)
- Unit features 1 bedroom, 1 bathroom, living room, dining area, kitchen and large storage closet
- All kitchen appliances will be included
- Shared laundry is located in the building
- Kitchen is in original condition
- There may be an opportunity to remove non-load bearing walls to open up the kitchen to the living and dining room (as per Seller)
- Flooring: linoleum and laminate
- Heated with hot water heating through a shared boiler located in the building
- There is no heating bill for the unit
- Windows are double pane vinyl and were replaced 15-years-ago (as per Seller)
- Roof was replaced 15-years-ago (as per Seller)
- Patio is located in the front of the unit and has a wood railing
- Patio was rebuilt by the strata 10-years-ago (as per Seller)
- Indoor community pool and fitness center
- 1 assigned parking stall
- Strata fee: $315.08/month (Buyer to verify)
- Fees include: management, heat, garbage pick up, sewer, pool and fitness center maintenance, gardening, caretaker and water
- No age or rental restrictions
- Pets allowed with restrictions
- This building is one of 3 adjacent buildings that are part of one strata community. An indoor pool is accessible by all members of the strata (as per Seller)
PROPERTY NEEDS
- Cosmetic updates
Please click HERE for more pictures and information.
Ask Us About This Property
This style property is located in is currently and has been listed on Bliss. This property is listed at $319,000. It has 1 bed bedrooms, 1 bath bathrooms, and is 617 sq ft. The property was built in 1970 year.
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