406 Union Street, Strathcona, Vancouver East (R3082701)


$2,359,000
Business in Strathcona, Vancouver East, brought to you by Kevin O'Toole
The HIP-O Cool Strathcona 3 Storey & Bsmt 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.
Listed by RE/MAX Real Estate Services.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Find A Property with Sotheby's International Realty Canada 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.
Specifications
| Type: | Business |
| Taxes: | $8399.01 |
| Frontage: | 50.00 ft |
| Lot Size: | 1,525 sqft |
| Storeys: | 3 storeys |
| Sqft: | 4,575 sqft |
| - main: | 1,525 sqft |
| Bedrooms: | 14 |
| Bathrooms: | 7 |
| Full Baths: | 7 |
| Half Baths: | 0 |
| Built In: | 1910 |

