$2,359,000

406 UNION STREET

Vancouver, British Columbia V6A2B6

For sale
6100 sqft1525 sqft

The HIP-O Cool Strathcona 3 Storey Plus Basement 15 Unit Historic workforce/co-living Bldg near Chinatown, new St Paul Hospital, mins to D/T. The 4500 SF Bldg + 1500 SF unfin Bsmt was reno'd in 2016-2019 w new sprinklers, plumbing, elec, flrs, kitchs, roof, baths. Ground Flr has 3 S/C Suites; 2nd & 3rd Flrs Each contain 6 (total 12) furnished single rooms w sink vanity & bed, Each Flr has modern kitchen, 2 baths, common area. Bsmt has laund, bike storage, rental lockers & Utility area. Gr Income $17,916/mo, $214,992/yr; NOI $130,157/yr, Cap Rate 5.5%. Prof managed, maintained w good Tenants. Great hands off investment, perfect for immigration/student housing, non-profit housing groups. New St. Paul's campus could attract medical community Users! Seller will consider VTB 2nd mortgage to Qualified Buyer, Showing w 2 Day Notice. Call LS viewing, info pkg. Showing Fri May 8 @ 11:00am by Appt. Call to Attend. (id:58554)

Overview

Property TypeMulti-family
TransactionFor sale
MLSยฎC8075345

Building

Interior Size6100 sqft
Year Built1910

Land & Parking

Lot Size1525 sqft
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Listing Agent

Bob Bracken

Bob Bracken

๐Ÿ“ž (604) 263-2823

๐ŸŒ http://www.bobbracken.com/

Brokerage

RE/MAX Real Estate Services

3548 West 41st Ave.

Vancouver, British Columbia V6N3E6

๐Ÿ“ž (604) 263-2823

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