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$ 2,359,000
Est. payment | /mo
1,742 Sqft Lot
$ 2,359,000
Est. payment | /mo
1,742 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8075345
Year Built 1910
Lot Size 1,742 Sqft
Property Sub-Type Multi Family
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.
Location
Province BC
Community Strathcona
Area Vancouver East
Zoning RT-3
Building
Story 3
Others
Ownership Freehold
Nearby Locations
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