Presented by: RE/MAX Real Estate Services
Property Description
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 (2020) and rear steel staircase (replaced in 2022). Approx. $171,000 gross and $136,000 net income when fully leased/rented (5.23% 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:7434)
Interior Features
Other Interior Features
Building Fireplace PresentFalse
Living Area Range1,353 sqft
General
Building AmenitiesStreet Lighting
FeaturesLane
Property TypeMulti-family
Road TypePaved road
Zoning DescriptionHA-1A
Exterior
SewerStorm sewer
Additional Details
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