221 East GEORGIA Street, Vancouver, British Columbia V6A1Z6
Listing courtesy of RE/MAX Real Estate Services.
- $2,598,000
- 1,353
- SqFt
- List Price
- $2,598,000
- MLS®
- C8073870
- Days on Market
- 252
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Living Area
- 1,353
- Lot Size Dimensions
- 3050
- Lot Size
- 3,050
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:5764)
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Additional Information
- Country
- Canada
- Sewer
- Storm sewer
- Lot Features
- Lane
- Lot Size
- 3,050
