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$2,498,888
Est. payment /mo
6,098 Sqft Lot
UPDATED:
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
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