4820 LAZELLE AVENUE new

Terrace,BC V8G1T4

$ 1500000

- Bed

- Bath

10296 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,296 sqft

Price per Sqft $145

MLS Listing ID C8071423

Year Built 1996

Lot Size 10,454 Sqft

Acres 0.24

Source BC Northern Real Estate Board

Property Description

An exceptional acquisition opportunity in one of Northern British Columbia's most stable rental markets. This well-maintained 7-unit apartment building offers seven spacious 2-bedroom, 1-bathroom suites with strong current income and proven tenant demand. With a cap rate exceeding typical B.C. averages, this property delivers an attractive blend of immediate cash flow and long-term value growth. Ideally positioned in the heart of Terrace, tenants enjoy walkable access to shops, dining, schools, and community amenities. Fully serviced with municipal water, sewer, hydro, and telecommunications, the property is protected by the City of Terrace Fire Department. Minimal owner-paid expenses and clear potential for rent optimization make this an opportunity suited to both seasoned investors and institutional buyers. Seize this rare chance to secure a premium multifamily asset in a growth-oriented regional hub. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

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