LOADING

1218 E Georgia Street Vancouver, British Columbia V6A 2B1

$1,788,000

Big Char Legal 5 Unit Income Property in Good Condition, in popular Commercial Drive/Strathcona. 3560 SF Bldg, 4 Lvls include 875 SF unfin Bsmt containing 1 Bach, 2X1 Bdrm & 2X2 Bdrm, all S/C Units, Income $108,600/yr, $89,000/yr Net; Cap Rate 5%. Many Upgrades include Electrical & Plumbing to code, new Windows & Water Line, new Kitchens, Baths & Dishwashers in all Units, insuite Laundry 3 Units plus shared Coin Laundry, new Lighting, Roof & more. Bsmt w 7' Ceiling height is unfin, w sink/toilet rented for Storage, but has Development potential. Big rear yard w Open parking. Note Property is a registered Single Room Occupancy Building (SRO) w restrictions on use & Redevelopment, but also add'l potential for Rental Income. Also on Paragon Residential ML#R2554988. All viewings by Appointment Only w 2 day notice. COVID rules, all Masks required. Contact LS for Appointments, Information Package, Floor Plan, Details. Showing Wed May 5th at 3:00pm gone by 3:45pm by scheduled Appointment Only. MUST CONFIRM (id:23508)

Property Details

MLS® Number C8037693
Property Type Multi-family
Community Name Strathcona

Building

Constructed Date 1912
Fireplace Present No

Land

Acreage No
Zoning Description Rt-3

https://www.realtor.ca/real-estate/23068392/1218-e-georgia-street-vancouver

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