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1218 E GEORGIA Street
Strathcona Vancouver V6A 2B1

$1,998,000
Multi-Family Commercial

Main Photo: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 1: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 2: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 3: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 4: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 5: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 6: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 7: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 8: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 9: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 10: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 11: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
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Photo 13: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
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Photo 15: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 16: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 17: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 18: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 19: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 20: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 21: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 22: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 23: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 24: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 25: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 26: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 27: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 28: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 29: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 30: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 31: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 32: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 33: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 34: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 35: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 36: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Photo 37: 1218 E GEORGIA Street in Vancouver: Strathcona Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8039104
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8039104
Build. Type:
Multiple Tenant/Multi-Plex (5+)
Big Character Legal 5 Unit Income Property Good Condition, w Large Income in popular Commercial Drive/Strathcona.3560 SF Bldg, 4 Lvls incl 875 SF unfin Bsmt contains 1 Bach, 2X1 Bdrm & 2X2 Bdrm S/C Units, Income $107,736/yr, Cap Rate 4.4%; 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 & add’l potential for Rental Income. Big rear yard w open pkg. Close to Commercial Dr. Chinatown, Downtown. View w 2 day notice, COVID rules, all Masked. Call LS re Showing, Info Pkg, Flr Plan, All Details. Showings by Appointment Only. (Also listed on Paragon Residential # R2596119) Showing Saturday July 3rd @ 12:30pm gone by 1:15pm by Appointment Only. Call LS to Attend. Thanks.
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:
$5,057.41 / 2021
Env Assmt Phase:
None
Cap Rate %:
4.4
Other Income:
$0
Effective Gross Income:
$107,736
Gross Income:
$107,736
Oper. Expenses:
$18,900
Net Operating Income:
$88,836
Original Price:
$1,998,000
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Listed by RE/MAX Real Estate Services
Data was last updated August 3, 2021 at 08:05 PM (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.