Multi Family

2026 FRANKLIN Street
Hastings Vancouver V5L 1R3

$3,500,000
Multi-Family Commercial

Main Photo: 2026 FRANKLIN Street in Vancouver: Hastings Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8022219
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8022219
Build. Type:
Low Rise (2-4 stories)
The subject property is strategically located near the corner of Semlin Drive & Franklin St in the Cedar Cove area, in the heart of East Vancouver's trendy Grandview Woodland Community. The subject property is situated just minutes from Downtown Vancouver & located directly across from the Flagship Ironworks Development by Conwest. This vibrant area is in the midst of significant growth with recent acquisitions by Cressey, Anthem Properties & Mosaic set to drive significant residential development in the immediate area. The subject property is improved with a 2 storey plus basement multi family building which is comprised of 8 one bedroom units. Each of the units are separately metered for electricity, with 6 surface parking stalls at the rear of the property. Please contact listing agent for further details.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
Year built:
1950 (Age: 68)
Land Use/Zoning:
RM-3A
Taxes:
$6,870.19 / 2018
Env Assmt Phase:
None
Cap Rate %:
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Effective Gross Income:
Gross Income:
Oper. Expenses:
Tot Gross Sales:
Condo Fee:
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Previous Price:
Original Price:
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Listed by Corbel Commercial Inc.
Listing information last updated on December 6, 2018 at 12:06 AM (UTC)
Bruce Long CCIM, FRI