2026 Franklin ST Active Save Request In-Person Tour Request Virtual Tour
Vancouver,BC V5L 1R3
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8070751
Year Built 1910
Lot Size 6,098 Sqft
Property Sub-Type Multi Family
Property Description
Fully tenanted and professionally managed, this multi-family property generates over $120,000 in annual NOI, plus additional coin laundry income. Just 10 minutes from downtown, it offers stable cash flow, low maintenance, and strong returns in a rapidly growing neighborhood. A rezoning application has been submitted to allow for a 6-storey, 21-unit rental building, with preliminary support from the City. Priced at $2.5M, this is a rare opportunity to secure dependable income today with long-term upside tomorrow. Showings only after accepted offer.
Location
Province BC
Community Hastings
Area Vancouver East
Zoning RM-3A
Interior
Heating Baseboard,Electric
Cooling Electric
Exterior
Utilities Available Electricity Connected,Fully Serviced,Garbage Collection
Roof Type Asphalt
Street Surface Paved
Building
Story 2
Sewer Public Sewer,Storm Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold