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Main Photo: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
Photo 1: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
Photo 2: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
Photo 3: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
Photo 4: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
Photo 5: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
Photo 6: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
Photo 7: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8076279
Build. Type:
Mixed Use
RARE OPPORTUNITY! Pleased to present Villa Apartments, a mixed use asset located at 759 4th Ave in the heart of Downtown Hope. The subject property is a free standing 2-storey building with a total of 15 units. It is comprised of 2 ground level commercial units and 13 residential units (1 bachelor, 6 x 1 bedroom, 3 x 1 bedroom + Den, 3 x 2 bedrooms) and one coined laundry room. Lot size 40x170 (6,800 sq.ft) and 3.94% cap rate. Conveniently located just across from Memorial Park, Hope cinema, Highway #1, banks, shopping, and City Hall. Well maintained building throughout the years with a reliable property manager taking care of rental and maintenance, with rental income of approximately $159,000/year. Very low expenses and vacancy rate. Lots of parking in front of the building. Please contact the listing agent for further details.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Name of Complex/Subdivision:
Villa Apartments
Num Storeys:
2
Building Type:
Mixed Use
# Units Total:
15
# Other Units:
5
# of Apartments:
15
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
1
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
6
# of 2 Bedroom Apartments:
3
# of 3 Bedroom Apartments:
0
Year built:
1955 (Age: 71)
Living Area:
9,150 sq. ft.
Subject Property Depth:
170'
Subject Property Width:
40'
Lot Area:
6,969.6 sq. ft.
Zoning:
Fencing:
Parking:
Guest
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Forced Air
Electricity:
Yes
Services Connected:
Electricity Connected, Garbage Collection, Natural Gas Connected
Sewer:
Public Sewer
Parcel Number:
002610264
Taxes:
$12,170.85 / 2025
Laundry Facility, Paved Yard, Storefront, Washrooms Female/Male
No
No
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
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  • Photo 2: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
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  • Photo 3: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
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  • Photo 4: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
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  • Photo 5: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
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  • Photo 6: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
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  • Photo 7: 759 4th Avenue: Hope Multi-Family Commercial for sale in "Villa Apartments" (Hope & Area)  : MLS®# C8076279
    Photo 7 of 7
Listed by Skyline West Realty
Data was last updated February 19, 2026 at 12:40 AM (UTC)
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