2026 Franklin Street Vancouver, British Columbia V5L 1R3

4200 sqft

$2,595,000

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 (id:51704)

Property Details

MLS® Number C8066094
Property Type Multi-family
Features Lane
Road Type Paved Road

Building

Constructed Date 1910
Size Interior 4200 Sqft

Land

Acreage No
Sewer Storm Sewer
Size Irregular 6036
Size Total 6036 Sqft
Size Total Text 6036 Sqft
Zoning Description Rm-3a

Utilities

Electricity Available
Water At Lot Line

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https://www.realtor.ca/real-estate/27847946/2026-franklin-street-vancouver


Muhammad Wahla
Personal Real Estate Corporation - JR Group

(604) 621-7590
www.srsrealestate.com/
SRS Panorama Realty
200 - 12992 76 Avenue
Surrey, British Columbia V3W 2V6

(604) 595-8888
(604) 595-8880
www.srsrealestate.com/

Jasdip Wahla
Personal Real Estate Corporation - JR Group

(604) 499-4444
facebook.com/jasdip.wahla
SRS Panorama Realty
200 - 12992 76 Avenue
Surrey, British Columbia V3W 2V6

(604) 595-8888
(604) 595-8880
www.srsrealestate.com/

Robin Randhawa
Personal Real Estate Corporation - JR Group

(778) 683-4424
www.srsrealestate.com/
SRS Panorama Realty
200 - 12992 76 Avenue
Surrey, British Columbia V3W 2V6

(604) 595-8888
(604) 595-8880
www.srsrealestate.com/

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