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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
Photo 9: 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
Photo 27: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
Photo 28: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8037693
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 Licensed 5 Unit Income Property in Good Cond in Commercial Dr/Strathcona. 3560 SF Bldg, 4 Lvls contains 1 Bach, 2X1 Bdrm & 2X2 Bdrm Self Contained suites plu 875 SF unfin Bsmt 7’ Ceiling height w sink/toilet rented for Storage, w/ addl Dev potential. AMAZING INCOME $108,000/yr, $89,000/yr Net; Cap Rate 5%! Many Upgrades incl Elec & Plumbing to code, new Windows & Water Line, Kitchens, Baths & Dishwashers in all Units, insuite Laundry 3 Units plus shared Coin Laundry, new Lighting, Roof & more. Bsmt w . Big rear yard w Open pkg. Also on Paragon Commercial ML##C803769. All viewings by Appt Only w 2 day notice. COVID rules, Masks required. Contact LS for Appts, Info Pkg, Floor Plan, Details. Showing Fri May 14th at 3:30pm gone by 4:15pm by scheduled Appt. 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 %:
5.0
Other Income:
$240
Effective Gross Income:
$108,036
Gross Income:
$107,796
Oper. Expenses:
$18,990
Net Operating Income:
$89,046
Original Price:
$1,788,000
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Listed by RE/MAX Real Estate Services
Data was last updated May 14, 2021 at 04:00 AM (UTC)
Bob Bracken
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.