Business
14 Bedrooms
7 Bathrooms
Size: 4,575 sqft
Built in 1910
$2,359,000
About this Business in Strathcona
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/y…r; 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.
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.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Sylvia Fierro 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.
More Details
- MLS®: R3082701
- Bedrooms: 14
- Bathrooms: 7
- Type: Business
- Size: 4,575 sqft
- Lot Size: 1,525 sqft
- Frontage: 50.00 ft
- Full Baths: 7
- Half Baths: 0
- Taxes: $8399.01
- Basement: Full, Partially Finished
- Storeys: 3 storeys
- Year Built: 1910
Contact Sylvia now to get started with your next move!
604.351.8417Strathcona, Vancouver East
Looking for a tight knit community near the downtown core—well, cease your search, Strathcona is all this and more. Full of history and a sought-out location since the 1800s, this well-known area is a hot spot for many families. Tree-lined streets filled with primarily detached homes, duplexes, and townhomes, it is no wonder they have their own Residence Society. The Western border of Strathcona is Chinatown, so there is a lot of cultural diversity, which makes for a great neighbourhood filled with colour, culture, and interesting things to see. You and your loved ones will enjoy this wonderful community. Contact our real estate agents, our team will gladly help you in your quest for the perfect home and community.