5353 Hastings St - Apartments FOR SALE


Burnaby, BC V5B 1P9
$3,799,000 CAD
604-319-9922
5353 Hastings St, Burnaby, BC for Sale
$3,799,000 CAD
Apartments - FOR SALE
1/6
null | 4.13% Cap Rate

5353 Hastings St
Burnaby, BC V5B 1P9


OVERVIEW

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), 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 $13,076 ($156,912 per annum), great investment return or as holding property for future re-zoning.

FOR SALE DETAILS

PRICE

$3,799,000 CAD

PRICE/SF

$464 CAD /SF

# OF UNITS

10

PRICE/UNIT

$379,900

CAP RATE

4.13%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bradford Manor

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,921 SF

ZONING

RM3

APN/PARCEL ID

002-183-650

ASK ABOUT THIS PROPERTY

Tracy NiuNu Stream Realty IncMore Info
604-319-9922

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Tracy NiuNu Stream Realty IncMore Info
604-319-9922

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.