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$ 2,598,000
Est. payment /mo
Active
221 E GEORGIA STREET Vancouver, BC V6A1Z6
1,353 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1353
Square Footage 1,353 sqft
Price per Sqft $1,920
MLS® Listing ID C8073870
Year Built 1912
Lot Size 3,050 Sqft
Acres 3050.0
Property Description
Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey character building (1912) features a large street-front retail unit and 16 Single Room Accommodation (SRA) rooms above, including 6 with private washrooms. Solid structure with recent roof work completed (2020) and rear steel staircase (replaced in 2022). Approx. $171,000 gross and $136,000 net income when fully leased/rented (5.23% cap rate). Exceptional location steps to transit, downtown, and the new St. Paul's Hospital. Reliable income property with value-add and redevelopment potential. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Storm sewer
Listed by RE/MAX Real Estate Services
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