406 Union Street - MLS® # R3082701
$2,359,000
Property Details
Description
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. Showing Fri May 8 @ 11:00am by Appt.
Listing Provided By
RE/MAX Real Estate Services
Copyright and Disclaimer
The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the MLSR logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver. Copyright 2026 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.
Send us your questions about this property and we'll get back to you right away.
Send this to a friend, or email this to yourself
CONTACT
- Name:Renee Pelland
- Phone:604-720-1581
- Email:
-
Address
- Century 21 In Town Realty, 419 Pacific St
- Vancouver, BC
- V6Z 2P5