246 W 4th ST Active Save Request In-Person Tour Request Virtual Tour
North Vancouver,BC V7M 1H7
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,080 sqft
Price per Sqft $665
MLS Listing ID R3000723
Style 3 Storey
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1969
Lot Size 6,969 Sqft
Property Sub-Type Duplex
Property Description
246 W 4th St, North Vancouver: Exceptional investment opportunity on a 7,013 sq ft flat lot (50x140 ft) in a prime location. This fourplex generates $75,360/year in rental income and is designated for medium-density development under RT1 zoning and R4A OCP with 1.0 FSR. A letter from the City of North Vancouver confirms rezoning potential for small-scale housing allowing up to 6 units. Buy, hold, and develop. Suite breakdown: #1 – Upper Right, 3 bed, 2 level, 1,700 sf; #2 – Upper Left, 3 bed, 2 level, 1,700 sf, $2,200/mo (2016); #3 – Main Right, 1 bed, 689 sf, $980/mo (2017); #4 – Main Left, 1 bed, 689 sf, $1,900/mo (2024). Some suites have shared laundry. No dishwasher in #1. Developers and investors—don't miss this.
Location
Province BC
Community Lower Lonsdale
Area North Vancouver
Zoning RT-1
Direction North
Rooms
Kitchen 4
Interior
Heating Baseboard,Hot Water,Natural Gas
Flooring Hardwood,Laminate,Tile,Carpet
Appliance Washer/Dryer,Dishwasher,Refrigerator,Stove
Laundry Common Area
Exterior
Fence Fenced
Community Features Shopping Nearby
Utilities Available Electricity Connected,Natural Gas Connected,Water Connected
View Y/N No
Roof Type Torch-On
Porch Patio
Total Parking Spaces 4
Garage No
Building
Lot Description Lane Access,Recreation Nearby
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer,Sanitary Sewer,Storm Sewer
Water Public
Others
Ownership Freehold NonStrata
Security Features No Fire Sprinkler System,Smoke Detector(s)
Virtual Tour https://my.matterport.com/show/?m=kTEd33wrnQ1