Active
$2,598,000
221 E GEORGIA STREET, Vancouver
1,353 sq ft • Multi-Family
MLS# C8073870
- Multi-Family
- 3,050 sq ft lot
- Vancouver
About This Property
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:66198)
Property Details
Living Area
1,353 sq ft
Lot Size
3,050 sq ft
Year Built
1912
Property Type
Multi-Family
Building & Features
Building
- Building features
- Street Lighting
Interior
- Fireplace
- No
Lot and land
- Lot dimensions
- 3050
- Lot features
- Lane
- Zoning
- HA-1A
- Sewer
- Storm sewer
- Utilities
- Natural Gas, Electricity
Location
221 E GEORGIA STREET, Vancouver, British Columbia, V6A1Z6
Listing brokerage
RE/MAX Real Estate Services
Fred Choy
MLS# C8073870
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