406 Union Street, Vancouver, British Columbia V6A 2B6

Listed for:
$2,595,000
14 beds
7 baths
Listed 23 days ago
406 Union Street, Vancouver, British Columbia V6A 2B6

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About

HIP-O Building Cool Strathcona 3 Storey 15 Unit Historic lncome Bldg near Chinatown, mins D/T, 1 Blk to new St Paul Hospital. 4500 SF Bldg + 1500 SF unfin Bsmt, reno'd 2016 Main Flr 3 S/C Suites; 2nd & 3rd Flrs Each w 6 furnished single rooms w sink vanity, bed. Each Flr modern kitchen, 2 Baths 1500 SF Bsmt w laund, bike storage, lockers for rent. 2 of 12 single rooms COV SRA rental restricted, rest are unrestricted market rentals. 1910 Char Bldg, upgraded, sprinklered, redone plumbing, elec, flrs, kitchs, roof, baths. Inc $17,916/mo, $214,992/yr; NOI $130,157/yr, Cap Rate 5%. Prof managed maintained w good Tenants. Great hands off investment, or for non-profit housing Seller consider VTB 2nd mortgage. Show w 2 Day Notice. Cal LS for info pkg, viewing. Show Jan 28 @ 2:30pm-3:30pm by Appt. (id:27476)

Property Highlights

MLS® Number
R3082701
Type
Single Family
Ownership Type
Freehold
Land Size
1525 sqft

Building

Square Footage
6100 sqft
Bathrooms Total
7
Bedrooms Total
14
Fireplace Present
No
Basement Type
Full (Partially finished)
Basement Features
Unknown
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
RE/MAX Real Estate Services
MLS® number:
R3082701
Agent:
Bob Bracken
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Street Spotlight - For sale