BC
Vancouver
V5L1R3
2026 FRANKLIN Street
2026 FRANKLIN Street, Vancouver, BC V5L1R3
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Listing Type
Multi Family
Listing Status
active
5
$2,595,000

Home Details for 2026 FRANKLIN Street

Price
$2,595,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1910
Parking
Days on site
43
Listing #
27847946
Listing Courtesy: SRS Panorama Realty
Property 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 (id:31684)

Property Features
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