1,353 ft2
$2,598,000
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. Approx. $173,000 gross and $143,000 net income when fully leased/rented (5.5% 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:63476)
Property Details
|
MLS® Number |
C8073870 |
|
Property Type |
Multi-family |
|
Features |
Lane |
|
Road Type |
Paved Road |
Building
|
Amenities |
Street Lighting |
|
Constructed Date |
1912 |
|
Size Interior |
1,353 Ft2 |
Land
|
Acreage |
No |
|
Sewer |
Storm Sewer |
|
Size Irregular |
3050 |
|
Size Total |
3050 Sqft |
|
Size Total Text |
3050 Sqft |
|
Zoning Description |
Ha-1a |
Utilities
|
Electricity |
Available |
|
Natural Gas |
Available |