801 GATENSBURY ST, Coquitlam, BC
April 25th, 2008
I just finished uploading this Multi-Family (Commerical) for sale, 801 GATENSBURY ST, Coquitlam, BC
This quiet well maintained building has many long term tenants, with many rents below current market. Recent upgrades include new hot/cold pipes with separate shut off valves in each suite; new roof in 1998; vented hallways with Power Smart lighting. Great mix of suites including 11 two bedrooms (8 with two baths) and 22 one bedrooms. Great income with additional revenue from Rogers and Telus cell phone sites. There is an assumable CMHC Manulife mortgage of $2 mil at 4.46% with 7.5 years remaining (payments of $11,742 per month).
This quiet well maintained building has many long term tenants, with many rents below current market. Recent upgrades include new hot/cold pipes with separate shut off valves in each suite; new roof in 1998; vented hallways with Power Smart lighting. Great mix of suites including 11 two bedrooms (8 with two baths) and 22 one bedrooms. Great income with additional revenue from Rogers and Telus cell phone sites. There is an assumable CMHC Manulife mortgage of $2 mil at 4.46% with 7.5 years remaining (payments of $11,742 per month).