406 Union Street
Strathcona, Vancouver East
$2,359,000
Bedrooms: 14
Bathrooms: 7
Living Area: 4,575 sqft
Price Per Sqft: $515.63
About this Business
in Strathcona, Vancouver East
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.
Listed by RE/MAX Real Estate Services.
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in Strathcona, Vancouver East
No.1 REAL ESTATE TEAM
Innovative
We use the latest in marketing trends and analysis to bring value and results. Approaching real estate with a different take helps bring a more efficient experience.
Collaborative
We work with you to customize your experience for whatever you are looking to do, whether thats Renting, Selling or Buying real estate.
RESULTS DRIVEN
What it all comes down to. We get it done, consistently and reliably - everytime. Our clients expect us to come through for them and we strive to always exceed expectations. This is what makes us the top producing team at Vancouver Luxury Realty.
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