221 E GEORGIA STREET
Vancouver, British Columbia
MLS® C8073870
$2,598,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- C8073870
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1912
1 / 3Listing 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.
Property summary
- MLS® number
- C8073870
- Property type
- Multi-family
- Square footage
- 1,353 sq ft
- Land size
- 3050 square feet
- Built in
- 1912
- Annual property taxes
- $11,298.10
- Days on market
- 284 days
Features & details
- Lot features
- Lane
What would this home cost you?
Based on the $2,598,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Real Estate Services, Vancouver.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.