Building entrance featuring a glass door, concrete facade, and a textured concrete ramp with a white metal railing

$3,390,000

5353 Hastings Street, Burnaby, BC V5B 1P9

MLS® C8078817

Description

Solid, well maintainted 10 units, 3-storey freestanding multi-family buildings in Burnaby’s Capitol Hill neighborhood close to the corner of HASTINGS St & Howard Ave. Lot size of 8184sf with rentable area of 8350sf, 8 one bedrooms, 1 one bed+den, 1 two bedroom, all of which have been renovated to some extent over the past 15 years. Other highlights include new roofs(2022), upgraded electric panel(2022), HWT(2025), New plumbing, dishwashers in 5 of the 10 suites, 1 set of owned washer & dryer, 10 storage lockers, and 7 surface parking stalls located at the rear of the building. Gross monthly income of $14,317 ($171,810 per annum), great investment return or as holding property for future re-zoning

Property

Property type

Commercial Sale

Style

Multi Family

Structure

Mixed Use

Year built

1,962

Ownership

Freehold

Levels

3

Lot and parking

Lot size

8,276.4 sq ft

Parking spaces

7

Costs

Annual property tax

$9,686

Tax year

2,025

Location

Area

Burnaby North

Neighbourhood

Capitol Hill BN

Waterfront

No