91 5820 HASTINGS STREET - 3 Beds 1 Bath - $400,000

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$400,000
91 5820 HASTINGS STREET
Burnaby, British Columbia V5B1R6
MLS® Number: R3108446
3Beds
1Baths
1,027Sq Ft
1Parking
1970Year Built
CondoType

About This Property

This well-maintained 3-bedroom, 1-bathroom multifamily unit presents an excellent investment opportunity, currently generating $2,400 per month in rental income WITH TENANTS INCLUDED. Priced attractively below market value, this property offers strong cash flow potential for both new and seasoned investors. Located in a quiet, family-friendly neighborhood, the unit provides a comfortable living environment that appeals to long-term tenants. Its convenient proximity to public transportation ensures easy commuting, adding to its rental desirability and consistent occupancy. (id:64973)

Rose's Thoughts
Rose Marie Manno

At $389 per square foot, this Burnaby condo is priced competitively compared to the local market average of $450 per square foot. The property's 3-bedroom layout and $2,400 monthly rental income make it an attractive cash flow investment for both first-time and seasoned real estate investors looking to diversify their portfolio in the Metro Vancouver region.

Property Details

Bedrooms3
Bathrooms1
Living Area1,027 sq ft
Lot Size0
Year Built1970
Property TypeCondo
Parking1
HeatingNatural gas, Hot Water
AppliancesRefrigerator, Dishwasher, Stove
CommunityPets not Allowed
Strata/Maint Fee$630/mo
CityBurnaby
Postal CodeV5B1R6
MLS® #R3108446

Location

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Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.

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