Established Specialist of Greater Vancouver PreSale Developments Since 2002. Tel: 604-773-4752

1218 E Georgia Street, Vancouver Listing #: R2554988

$1,788,000
6 Beds
6 Baths
3,560 Sqft
3,265 Lot SqFt
1912 Built


Big Char Legal 5 Unit Income Property good Cond, w Large Income in popular Commercial Dr/Strathcona. 3560 SF Bldg, 4 Lvls incl 875 SF unfin Bsmt contains 1 Bach, 2X1 Bdrm & 2X2 Bdrm S/C Units, Inc $108,636/yr, Cap Rate 5%; many upgrades incl elec & plumbing to code, new windows & water line, new Kitch’s, Baths & Dishwashers in all Units, insuite Laund in 3 Units & shared Coin Laund, new lighting, roof & more. Bsmt 7’ ceiling ht is unfin, rented for storage, but has Dev potential. Big rear yard w open pkg. Note Property is a registered Single Room Occupancy Bldg w restrictions on use & Redev, but also add’l potential for Rental Income. View w 2 day notice, COVID rules, all Masked. Call LS re Info Pkg, Flr Plan, Details. Showing Wed May 5th @ 3:00pm gone by 3:45pm by Appt Only MUST CONFIRM.
Taxes (2020): $4,544.51

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MLS Reciprocity

Listed By: RE/MAX Real Estate Services

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