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$ 2,598,000
Est. payment | /mo
1,353 SqFt
$ 2,598,000
Est. payment | /mo
1,353 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
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
Source Greater Vancouver REALTORS®
Property Description
Prime mixed-use investment in the heart of historic Chinatown/Strathcona. This 3-storey 1912-character building offers approx 9,000 sq. ft. of space with a large street-front retail unit plus 16 SRO rooms above, including 6 with private washrooms. Solid structure with recent roof work completed. Generates approx. $173,000 gross income and $143,000 net income, representing a 5.5% cap rate. Exceptional location steps to transit, downtown, and the new St. Paul's Hospital precint. A reliable income property with future value-add and redevelopment potential. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Storm sewer
Listed by RE/MAX Real Estate Services
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Nest Real Estate Group
Real Estate Team | License ID: 139039