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Bradford Manor 5353 Hastings St

10 Unit Apartment Building $2,631,378 USD ($263,138 USD/Unit) 4.13% Cap Rate Burnaby, BC V5B 1P9

Apartment Buildings British Columbia Burnaby 5353 Hastings St, Burnaby, BC V5B 1P9

Executive Summary

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.

Property Facts

Price $2,631,378 USD Property Subtype Apartment
Price Per Unit $263,138 USD Building Class C
Sale Type Investment Lot Size 0.18 AC
Cap Rate 4.13% Building Size 8,184 SF
No. Units 10 No. Stories 3
Property Type Multifamily Year Built 1962
Price $2,631,378 USD
Price Per Unit $263,138 USD
Sale Type Investment
Cap Rate 4.13%
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.18 AC
Building Size 8,184 SF
No. Stories 3
Year Built 1962

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 9 - 750 - 800
2+1 1 - 1,200
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Walk Score ®
Very Walkable (74)
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, Transit Score® & Bike Score?
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of any address. Transit Score®
measures access to public transit. Bike Score®
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zoning

Zoning Code RM3
RM3
(604) 319-9922

Contact

  • Listing ID: 31024352

  • Date on Market: 2/22/2024

  • Last Updated:

  • Address: 5353 Hastings St, Burnaby, BC V5B 1P9

The Multifamily Property at 5353 Hastings St, Burnaby, BC V5B 1P9 is currently available for sale. Contact Nu Stream Realty Inc for more information.

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Bradford Manor | 5353 Hastings St
(604) 319-9922 x

Bradford Manor | 5353 Hastings St

Tracy Niu

(604) 319-9922

(604) 319-9922

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