REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,598,000
Est. payment | /mo
3,049 Sqft Lot
$ 2,598,000
Est. payment | /mo
3,049 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8073870
Year Built 1912
Lot Size 3,049 Sqft
Property Sub-Type Multi Family
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. 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.
Location
Province BC
Community Strathcona
Area Vancouver East
Zoning HA-1A
Interior
Heating Baseboard, Electric
Cooling Electric
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Street Lighting, Sidewalk
Roof Type Rolled/Hot Mop
Street Surface Paved
Total Parking Spaces 3
Building
Story 3
Sewer Public Sewer, Storm Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold
Nearby Locations