Here is information on Bob Bracken's New Listing, Character Income Property with 3 Suites @ 383 East Hastings Street Vancouver, located in the Heart of Strathcona in an area of Future Growth and Development. This property has future assembly/rezoning/ development potential. The 1907 House has 3310 SF, 3 Levels with 3 self contained Suites, plus a big unfinished 400 SF Attic (used for storage) w access from 2nd floor & rear Yard. The Building sits on a 25' X 122' DEOD zoned North Lot with Lane. Suite Mix: 2 X 2 Bdrm & 1 X 3 Bdrm Self Contained Units with Good Tenants. Current Income $4,200/mo, $50,400/yr with Rental upside. Potential Income $7,100/mo, $85,200/yr, Potential Cap Rate 4.8% based on $2.15/net SF/mo. The Building is in Good Condition with Wood Floors, High Ceilings, Original Character Details, each Suite has Front & Rear access. There is a Secure Fenced, Gated Yard with Rear Parking. This is a Great Investment Property or Family/Shared Owners Home with future growth value. For Developers Assembly Opportunity, 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 are currently underway at West end of the block, corners of Gore and Hastings Street. This is a Great Location, steps to Chinatown, Gastown, mins to Downtown or Commercial Drive & 5 min walk to the new St. Paul's Hospital. On Transit, close to 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. Asking Price $1,480,000.