Multi-family for sale
2026 Franklin Street, Hastings, Vancouver
$2,498,888
Features
Year Built
1910
Floor Area
4,200 sqft
Lot Size
6,036 sqft
Gross Property Tax
$8,256.40 /year
Building Type
Low Rise (2-4 storeys)
Zoning
RM-3A
Subject Property Width
49.5 ft
Subject Property Depth
121.94 ft
Amenities
Laundry Facility, Paved Yard, Visitor Parking
Suite Mix Information
8 x 1 ½
Total no. of Units
8
Financial Summary
$120,600
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.
MLS® Number C8070751