The HIP-O! Cool 3 Storey, 15 Unit Historic Bldg in Trendy Strathcona, Block to new St Paul Hospital, mins to D/T, Chinatown, 4500 SF Bldg+1500 SF Bsmt completely reno'd 2016-2019 - sprinklers, plumbing, elec, flrs, kitchs, roof, baths & more. Contains 3 Grd Flr S/C Suites; 2nd & 3rd Flrs each w 6 furnished single rooms w sink, - each Flr has a modern big kitchen, 2 baths. 1500 SF Bsmt w Coin laund, Util/mech, bike storage, lockers. 2 of 12 single rooms are COV SRA rent restricted, rest incl 3 S/C Suites are unrestricted market rentals., Gross Inc $17,916/mo, $214,992/yr; NOI $130,157/yr, Cap Rate 5%. Prof managed & maintained good Tenants. Great hands off investment, or n-p housing. Seller will consider VTB 2nd Mtg to Qualified Buyer. Call LS Details, Info Pkg Showings w 2 day notice.
Address
406 Union Street
List Price
$2,599,000
Property Type
Residential Income
Type of Dwelling
Other
Structure Type
Multi Family
Area
Vancouver East
Sub-Area
Strathcona
Bedrooms
14
Bathrooms
7
Floor Area
4,575 Sq. Ft.
Main Floor Area
1525
Lot Size
1525 Sq. Ft.
Lot Size Dimensions
30.5 x 50
Lot Size (Acres)
0.04 Ac.
Lot Size Units
Square Feet
Total Building Area
6100
Frontage Length
30.5
Year Built
1910
MLS® Number
R2984601
Listing Brokerage
RE/MAX Real Estate Services
Basement Area
Full, Partially Finished, Exterior Entry
Postal Code
V6A 2B6
Zoning
RT-3
Ownership
Freehold NonStrata
Parking
None
Tax Amount
$7,731.40
Tax Year
2024
Site Influences
Balcony
Exterior Features
Balcony
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Natural Gas
Levels
Three Or More
Number Of Floors In Property
3
Security Features
Fire Sprinkler System, Smoke Detector(s)
