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1218 E GEORGIA Street
Strathcona Vancouver V6A 2B1

$1,788,000
Multi-Family Commercial

Main Photo: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 1: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 2: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 3: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 4: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 5: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 6: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 7: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 8: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
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Photo 16: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 17: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 18: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 19: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 20: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 21: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 22: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 23: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 24: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 25: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 26: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
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Photo 29: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 30: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 31: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 32: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 33: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 34: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 35: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 36: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 37: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8037693
Build. Type:
Multiple Tenant/Multi-Plex (5+)
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
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Multiple Tenant/Multi-Plex (5+)
# Units:
5
# Storeys:
3.0
Year built:
1912 (Age: 109)
Land Use/Zoning:
RT-3
Taxes:
$4,544.51 / 2020
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
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Listed by RE/MAX Real Estate Services
Data was last updated May 11, 2021 at 01:05 AM (UTC)
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