6,098 sqft
$2,498,888
About this Multi-Family Commercial in Hastings
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.
Listed by SRS Panorama Realty.
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.
Listed by SRS Panorama Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Steve Corcoran for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- Type: Multi-Family Commercial
- Sub Type: Multi Family
