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406 Union Street Vancouver, British Columbia V6A 2B6

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$2,359,000

MLS® Number: R3082701
14 7

The HIP-O-Cool Strathcona 3 Storey 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/sprinklers, plumbing, elec, flrs, kitchs, roof, baths. Ground Flr has 3 S/C Suites; 2nd & 3rd Flrs Each w/6 furnished single rooms w sink vanity & bed, Each Flr has modern kitchen, 2 baths, common area. Bsmt has laund, bike storage, rental lockers & Utility. Gr Inc $17,916/mo, $214,992/yr; NOI $130,157/yr, Cap Rate 5.5%! Prof mngd, w 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, Showing w 2 Day Notice. Call LS viewing, info pkg. (id:59126)

Property Details

MLS® Number R3082701
Property Type Single Family

Building

Bathroom Total 7
Bedrooms Total 14
Basement Development Partially Finished
Basement Features Unknown
Basement Type Full (partially Finished)
Constructed Date 1910
Size Interior 6,100 Ft2

Land

Acreage No
Size Frontage 50 Ft
Size Irregular 1525
Size Total 1525 Sqft
Size Total Text 1525 Sqft

https://www.realtor.ca/real-estate/29285735/406-union-street-vancouver

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