221 E Georgia Street, Strathcona, Vancouver East
$2,598,000
Features
| MLS®: | C8073870 |
| Type: | Multi-Family Commercial |
| Lot Size: | 3,049 sqft |
| Taxes: | $11298.1 |
| Parking: | 3 total |
| Year Built: | 1912 |
About this Property
"About this Multi-Family Commercial in Strathcona, Vancouver East"
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. Approx. $173,000 gross and $143,000 net income when fully leased/rented (5.5% cap rate). Exceptional location steps to transit, downtown, and the new St. Paul’s Hospital. Reliable income property with value-add and redevelopment potential.
Listed by RE/MAX Real Estate Services.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Sophia Chea for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
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