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2026 FRANKLIN STREET, Vancouver
Vancouver
Multi-family
$2,595,000
For sale
0 BEDS
0 BATHS
4200 sqft
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Description
Prime investment opportunity at 2026 Franklin Street! This fully managed property generates an impressive annual NOI of $120,000, supplemented by coin laundry income. Located just 10 minutes from downtown Vancouver, it offers stable returns and incredible future potential. A rezoning application has been submitted to CD-1, proposing a 6-story, 21-unit rental building with a projected monthly rent roll of up to $45,000. The city has expressed support for the redevelopment in line with the Official Community Plan (OCP). Priced attractively, this property is perfect for investors looking for both immediate cash flow and long-term development potential. Don't miss this rare offering! Showings only after accepted offer
General Info
C8066094
1910
6036 sqft
Listed BY: Muhammad Wahla, SRS Panorama Realty
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Purchase Amount
$ 2,595,000
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