406 UNION STREET, Vancouver, BC V6A2B6
406 UNION STREET, Vancouver, BC V6A2B6
406 UNION STREET, Vancouver, BC V6A2B6
406 UNION STREET, Vancouver, BC V6A2B6
406 UNION STREET, Vancouver, BC V6A2B6
406 UNION STREET, Vancouver, BC V6A2B6

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Additional details
Nader Bakhoum,PMP, P.Eng.

Nader Bakhoum,PMP, P.Eng.

+1(604) 612-7228
$ 2,359,000
Est. payment | /mo

6,100 SqFt

Save
$ 2,359,000
Est. payment | /mo
Save

6,100 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 6100

Square Footage 6,100 sqft

Price per Sqft $386

MLS® Listing ID C8075345

Year Built 1910

Lot Size 1,525 Sqft

Acres 1525.0

Property Description

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 Wed May 27 @ 4:00pm & Fri May 29 @ 1:00pm by Appt. Call to Attend must confirm Appt. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

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406 UNION STREET