406 Union Street, Strathcona, Vancouver East

$2,359,000

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406 Union Street, Strathcona, Vancouver East
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About this Business in Strathcona, Vancouver East

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 will consider VTB 2nd mortgage to Qualified Buyer, Show w 2 Day Notice. Call LS viewing, info pkg. Show Tues May 5 @ 1:00pm to 2:00pm by Appt.

Listed by RE/MAX Real Estate Services.

Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Josh Mulherin Vancouver Real Estate for your convenience.

Disclaimer: 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.

 

Features

MLS®: R3082701
Type: Business
Bedrooms: 14
Bathrooms: 7
Square Feet: 4,575 sqft
Lot Size: 1,525 sqft
Frontage: 50.00 ft
Full Baths: 7
Half Baths: 0
Taxes: $8399.01
Basement: Full, Partially Finished
Storeys: 3 storeys
Year Built: 1910

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