221 E GEORGIA STREET, Vancouver, BC V6A1Z6
221 E GEORGIA STREET, Vancouver, BC V6A1Z6
221 E GEORGIA STREET, Vancouver, BC V6A1Z6

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details
Nader Bakhoum,PMP, P.Eng.

Nader Bakhoum,PMP, P.Eng.

+1(604) 612-7228
$ 2,598,000
Est. payment | /mo

1,353 SqFt

Save
$ 2,598,000
Est. payment | /mo
Save

1,353 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1353

Square Footage 1,353 sqft

Price per Sqft $1,920

MLS® Listing ID C8073870

Year Built 1912

Lot Size 3,050 Sqft

Acres 3050.0

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 $140,000 net income when fully leased/rented (5.41% 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:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Sewer Storm sewer

Powered by: REALTOR.ca
Listed by RE/MAX Real Estate Services
powered by Ratehub.ca

Go tour this home

221 E GEORGIA STREET