Character 3 Level & Attic, 3310 SF Income Property with 3 Suites @ 383 East Hastings, located in the heart of Strathcona, an area of Future Growth & Development. The 1907 House contains 2X2 Bdrm & 1X3 Bdrm Self Contained Units w good Tenants. Current Income $4,200/mo, $50,400/yr, Cap Rate 2.5% with Rental upside. Potential Income $7,100/mo, $85,200/yr, Cap Rate 4.8% based on $2.15/net SF/mo. Good Condition w Wood Floors, High Ceilings, Original Character Details, big unfinished (400 SF) Attic used for storage, each Unit has front & rear access, Secure Fenced, Gated Yard w Rear parking. This is a Great Investment Property, or Family/Shared Owners Home with great future growth value.
Developers Opportunity - Potential Assembly Just Got Better: The City of Vancouver Local Area Plan (LAP) for this area of the Downtown Eastside Oppenheimer District (DEOD) Zoning District allows rezoning to high density, low income mixed used housing, of up to 5.0 to 7.5 FSR, 75' Building Height. Similar projects underway at West end of the block. Potential Assembly Just Got Better with the recent listing of the 3 adjacent properties (total 75' frontage) to the immediate West of the 383 E Hasting property @ 367, 371 & 381 E Hastings.
Great Location, steps to Chinatown, Gastown, mins to Downtown or Commercial Drive & the new St. Paul's Hospital 5 min walk. Close to Transit, Shops, Restaurants, Cafes, Rogers Stadium. A Winner, Hidden Opportunity In Plain Sight - Don’t Miss! This is a great for Investors, Owner Occupiers, Shared Ownership & Developers. Vancouver Walk Score 95, Transit Score 92, Bike Score 96. Please contact Bob Bracken 604-220-2035 for Information Package, all Details. Showings by Appointment, 2 Day Notice. Showing Sat May 27th @ 1:30pm by Appointment Only, must confirm. Thanks.
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
2 Storey w/Bsmt.
Year built:
1901
(Age: 122)
Total area:
3,310 sq. ft.307.51 m2
Total Floor Area:
3,310 sq. ft.307.51 m2
Price Per SqFt:
$447.13
Total unfinished area:
0 sq. ft.0 m2
Main Floor Area:
1,000 sq. ft.92.9 m2
Floor Area Above Main:
1,000 sq. ft.92.9 m2
Floor Area Above Main 2:
410 sq. ft.38.09 m2
Floor Area Below Main:
900 sq. ft.83.61 m2
Basement Area:
0 sq. ft.0 m2
No. Floor Levels:
4.0
Bedrooms:
7
(Above Grd: 7)
Bathrooms:
3.0
(Full:3/Half:0)
Kitchens:
3
Rooms:
12
Taxes:
$6,542.73 /
2022
Lot Area:
3,050 sq. ft.283.35 m2
Lot Frontage:
25'7.62 m
Lot Depth:
122
Outdoor Area:
Patio(s)
Water Supply:
City/Municipal
Plan:
VAP196
Heating:
Natural Gas
Construction:
Frame - Wood
Foundation:
Concrete Perimeter
Basement:
Full, Fully Finished, Separate Entry
Roof:
Asphalt
Fireplaces:
0
Parking:
Open
Parking Total/Covered:
2 / -
Parking Access:
Lane
Exterior Finish:
Stucco
Title to Land:
Freehold NonStrata
Floor
Type
Size
Other
Main
Living Room
14'6"4.42 m × 12'3.66 m
-
Main
Kitchen
12'6"3.81 m × 6'1.83 m
-
Main
Bedroom
17'6"5.33 m × 11'7"3.53 m
-
Main
Bedroom
13'6"4.11 m × 9'6"2.90 m
-
Above
Kitchen
14'6"4.42 m × 10'3.05 m
-
Above
Bedroom
8'8"2.64 m × 8'2.44 m
-
Above
Bedroom
14'4.27 m × 12'6"3.81 m
-
Abv Main 2
Bedroom
12'3.66 m × 10'3.05 m
-
Below
Living Room
18'5.49 m × 15'6"4.72 m
-
Below
Kitchen
16'6"5.03 m × 12'3.66 m
-
Below
Bedroom
11'6"3.51 m × 9'2.74 m
-
Below
Bedroom
10'6"3.20 m × 8'2.44 m
-
Floor
Ensuite
Pieces
Other
Main
No
4
Above
No
4
Below
No
4
LOT 20, BLOCK 56, PLAN VAP196, DISTRICT LOT 196, NEW WESTMINSTER LAND DISTRICT
Property Disclosure:
No
Fixtures Leased:
No
Services Connected:
Electricity, Natural Gas, Sanitary Sewer, Storm Sewer, Water
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.
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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.
