406 Union St, Vancouver, BC V6A 2B6

$2,359,000
14
BD
7
BA
4,575
SqFt

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List Price
$2,359,000
Status
ACTIVE
MLS® #
R3082701
Price Change
▼ $236,000 1776982616
Year Built
1910
Subtype
Other
Stories
3
Bedrooms
14
Total baths
7
Living Area
4,575
Area
Vancouver East
Community
Strathcona

Property Description

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.

Additional Information

Lot Size
1,525
Levels
Three Or More
Acres
0.04
Region
Vancouver East
Title To Land
Freehold NonStrata

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.