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221 E GEORGIA STREET

City: Vancouver
MLS® Number: C8073870
$2,598,000
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. (id:67659)

PROPERTY TYPE
Multi-family
BEDROOMS
N/A
TAXES
$11,298.10 (2025)
DWELLING TYPE
N/A
BATHROOMS
N/A
LOT AREA
3050.00 square feet
TOTAL AREA
1,353 square feet
YEAR BUILT
1912
STATUS
Active
Features

Building: Street Lighting

Lot: Lane

Utilities: Natural Gas, Electricity

Sewer: Storm sewer

Photos
Location
Listing Brokerage
RE/MAX Real Estate ServicesPowered by REALTOR.ca

Contact Leanne Robb PREC

Call 778-918-4169 or email leanne.robb@westcoasthome.ca, or send a message about this listing.