$2,359,000

406 UNION STREET

Vancouver BC V6A 2B6 - Strathcona
14 bd
7 ba
4,575 sqft
Built 1910

About This Property

The HIP-O Cool Strathcona 3 Storey & Bsmt 15 Unit Historic workforce/co-living Bldg near new St Paul Hospital, mins to D/T. 4500 SF Bldg + 1500 SF unfin Bsmt reno'd 2016-2019 w sprinklers, plumb, elec, flrs, kitchs, roof, baths. Grd Flr has 3 S/C Suites; 2nd & 3rd Flrs Each w 6 furnished single rooms w sink vanity & bed, Each Flr modern kitch, 2 baths, common area. Bsmt laund, bike storage, rental lockers & Utility. Gr Inc $17,916/mo, $214,992/yr; NOI $130,157/yr, Cap Rate 5.5%! Prof mngd good Tenants. Great hands off investment, perfect immigration/student housing, non-profit groups. New St. Paul’s campus good for medical community Users! Seller consider VTB 2nd mortgage to Qualified Buyer, Show w 2 Day Notice. Call LS viewing, info pkg. Show Wed May 27 @4:00pm & Fri May 29 @1:00pm Call

Features

No Outdoor Area
None

Property Details

MLS NumberR3082701
Property TypeOther
Bedrooms14
Bathrooms7
Square Feet4,575
Lot Size1,525 sqft
Year Built1910
HeatingForced Air, Natural Gas
Days on Market147
StatusActive
Listed ByRE/MAX Real Estate Services

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