Multi-family for sale
341 E Hastings Street, Strathcona, Vancouver
$4,800,000
Features
Year Built
1910
Floor Area
3,050 sqft
Lot Size
3,049 sqft
Gross Property Tax
$18,173.60 /year
Building Type
Mixed Use
Building / Complex Name
Summer Hotel
Zoning
DEOD
Subject Property Width
25 ft
Subject Property Depth
122 ft
Amenities
Emergency Lighting, Laundry Facility, Storage, Security System
Suite Mix Information
72 x Bachelor/Studio, 1 x Other
Total no. of Units
37
Description
GOOD INVESTMENT!!opportunities, income and redevelopment DTES.. 36-room building, SRO and single retail space at DTES, Revenue 2024/2025 $350K. Convenient location with easy access to services and transportation, near the new Saint Paul Hospital, which will open in February 2027. It's just a 5-minute walk to the new hospital, a 10-minute bus ride to downtown Vancouver, and a 15-minute ride to the Sky Train station. This building and land are ideal for both short-term and long-term investments, with plenty of potential for a variety of uses. A four-story low-rise mixed-use building in the Downtown Eastside offers 36 rooms and a single retail store. The lot spans 3,050 square feet, with a total usable space of 12,200 square feet plus an unfinished 3,050-square-foot basement. This piece of land offers great flexibility, with options ranging from constructing a 12-story building, land assembly.
MLS® Number C8078404