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For Sale
$2,359,000
MLS® C8075345
406 UNION STREET
Vancouver, British Columbia, V6A2B6
- Interior
- 6,100 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Year built
- 1910
- Lot size
- 1525 square feet
Property facts
- Interior
- 6,100 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Transaction
- For Sale
- Year built
- 1910
- Lot size
- 1525 square feet
About this property
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 Thurs Aug 13 @ 11:00am by Appointment. Call To Attend must confirm Appt. Bring Offers! (id:53361)