406 Union Street Vancouver, British Columbia V6A 2B6
$2,750,000
HIP-O Building 406 Union St. Cool 3 Storey 15 Unit Historic lncome Bldg Trendy Strathcona, near Chinatown, mins to D/T, 1 blk to new St Paul Hospital. 4500 SF Bldg + 1500 SF unfin Bsmt completely reno'd 2016-2019 contains 3 Grd Flr S/C Suites; 2nd & 3rd Flrs each contain 6 furnished single rooms w sink vanity, murphy bed, & each Flrs have a modern kitchen, 2 baths & common area. 1500 SF Bsmt largely unused w Coin laund, bike storage, lockers for rent. 2 of 12 single rooms COV SRA rental restricted, but rest incl 3 S/C Suites are unrestricted market rentals. 1910 Bldg lots of character very upgraded, sprinklered redone plumbing, elec, flrs, kitchs, roof, baths. Inc $17,916/mo, $214,992/yr; NOI $130,157/yr, 4.7% C. R. Prof managed well maintained good Tenants. Great hands off investment, or great non-profit housing OTE! Seller consider VTB 2nd mortgage good terms to Qualified Buyer, call LS for details. Showing Preferred Frid Afternoon 2 Day Notice. Call LS viewing, info pkg. Show Thur Jan 9 10:30am by Appt (id:58359)
Property Details
| MLS® Number | C8061080 |
| Property Type | Multi-family |
Building
| Constructed Date | 1910 |
| Size Interior | 6,100 Ft2 |
Land
| Acreage | No |
| Size Irregular | 1525 |
| Size Total | 1525 Sqft |
| Size Total Text | 1525 Sqft |
| Zoning Description | Rt-3 |
https://www.realtor.ca/real-estate/27093537/406-union-street-vancouver
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January 08 2025 06:55:18
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