406 Union Street Vancouver, British Columbia V6A 2B6
$2,599,000
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. (id:60504)
Property Details
| MLS® Number | R2984601 |
| Property Type | Single Family |
| Neigbourhood | Japantown |
Building
| Bathroom Total | 7 |
| Bedrooms Total | 14 |
| Basement Development | Partially Finished |
| Basement Features | Separate Entrance |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1910 |
| Size Interior | 6,100 Ft2 |
Land
| Acreage | No |
| Size Frontage | 30 Ft |
| Size Irregular | 1525 |
| Size Total | 1525 Sqft |
| Size Total Text | 1525 Sqft |
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April 02 2025 06:53:35
Greater Vancouver REALTORS®
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