406 UNION STREET, Vancouver

2024-06-27
 

Quick Summary

Location
406 UNION STREET, Vancouver, British Columbia V6A2B6
Price
$2,750,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
6100ft2
Year of Construction:
1910

MLS®#C8061080

Property Description

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 Fri Oct 25 11:00am by Appt (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 6100 sqft

Land

  • Land Size: 1525 sqft

Zoning

  • Description: RT-3

Information entered by RE/MAX Real Estate Services
Listing information last updated on: 2024-10-23 23:55:04


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