Active
$2,598,000
221 E GEORGIA STREET, Vancouver
1,353 Sq Ft • Multi-family
MLS# 29112409
- Multi-family home
- 3,050 sq ft lot
- Vancouver location
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. 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. (id:66198)
Property Details
Living Area
1,353 sq ft
Lot Size
3,050 sq ft
Property Type
Multi-family
Location
221 E GEORGIA STREET, Vancouver, British Columbia, V6A1Z6
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Regarding: Multi-family in Vancouver