769 4Th Avenue, Hope, BC, V0X 1L0 - investment for sale | Listing ID C8061421

769 4TH AVENUE, Hope, British Columbia, V0X 1L0

MLS® # C8061421

Investment For Sale In Hope, British Columbia

$2,699,900

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769 4Th Avenue, Hope, BC - Outdoor With Exterior

769 4Th Avenue, Hope, BC - Indoor Photo Showing Laundry Room

769 4Th Avenue, Hope, BC - Indoor Photo Showing Basement

769 4Th Avenue, Hope, BC - Outdoor With View

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769 4TH AVENUE, Hope, British Columbia, V0X 1L0

$2,699,900

Property Information:

Multi-Family Building available in Prime Downtown Hope Location. This complex has been meticulously maintained over the years and has a stable tenant profile. No problems ever getting vacancies filled here. The building features 3 levels with 17 units in total. 8 one bedroom units and 9 two bedroom units, give you healthy mixture of tenants. Great opportunity for a new owner to improve the building over time on tenant turn over and increase rents to market rent. The building is projected to Net $106K this year giving you a very stable 3.95% Cap Rate for the building. For more information please contact the Listing Agent. (id:27)

Building Features:

Style: Multiplex
Amenities: Balconies

Property Features:

Property Type: Multi-family

Courtesy of: Keller Williams Ocean Realty, RE/MAX Westcoast

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Market Price Trends

Location of 769 4TH AVENUE, Hope, British Columbia, V0X 1L0

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

Projected Precipitation Risk: High

15 storms expected in 2050

Projected Heat Risk: Significant

23 hot days expected in 2050

37/100

Significant

ClimateCheck®

Current data

This property, 769 4TH AVENUE , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 23 hot days at 33.7 degrees Celsius.

Projected Avg. Temperature

Past

30.3℃

2050

33.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Exteme

15 storms expected in 2050

92/100

Exteme

ClimateCheck®

Current data

This property, 769 4TH AVENUE , experiences 13 significant 2-day storms per year, with about 506.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 592.7mm of precipitation per year.

Precipitation Per Storm

Past

506.9mm

2050

592.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 769 4TH AVENUE, Hope, British Columbia, V0X 1L0

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$75,020.90

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.23 %

High school certificate or equivalent

45.06 %

Apprenticeship trade certificate/diploma

13.61 %

College/non-university certificate

10.06 %

University Degree

6.04 %

Commuter

Travel To Work

By Car

76.35 %

By Public Transit

0.0 %

By Walking

18.53 %

By Bicycle

0.0 %

By Other Methods

5.12 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.38 %

Houses

71.62 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 769 4TH AVENUE, Hope, British Columbia, V0X 1L0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 769 4TH AVENUE, Hope, British Columbia, V0X 1L0

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

769 4TH AVENUE, Hope, British Columbia, V0X 1L0

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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