1,353 ft2
$2,598,000
Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey 1912-character building offers approx 9,000 sq. ft. of space with a large street-front retail unit plus 16 SRO rooms above, including 6 with private washrooms. Solid structure with recent roof work completed. Generates approx. $173,000 gross income and $143,000 net income, representing a 5.5% cap rate. Exceptional location steps to transit, downtown, and the new St. Paul's Hospital precint. A reliable income property with future value-add and redevelopment potential. (id:46156)
Property Details
|
MLS® Number
|
C8073870 |
|
Property Type
|
Multi-family |
|
Features
|
Lane |
|
Road Type
|
Paved Road |
Building
|
Amenities
|
Street Lighting |
|
Constructed Date
|
1912 |
|
Size Interior
|
1,353 Ft2 |
Land
|
Acreage
|
No |
|
Sewer
|
Storm Sewer |
|
Size Irregular
|
3050 |
|
Size Total
|
3050 Sqft |
|
Size Total Text
|
3050 Sqft |
|
Zoning Description
|
Ha-1a |
Utilities
|
Electricity
|
Available |
|
Natural Gas
|
Available |
https://www.realtor.ca/real-estate/29112409/221-e-georgia-street-vancouver