406 Union Street

Strathcona, Vancouver East

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406 Union Street

Strathcona, Vancouver East

$2,595,000

Bedroom icon14
Bathroom icon7
Squarefootage icon4,575 sqft

About this Business

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.

Listed by RE/MAX Real Estate Services.

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Features

  • MLS®: R3082701
  • Type: Business
  • Bedrooms: 14
  • Bathrooms: 7
  • Square Feet: 4,575 sqft
  • Lot Size: 1,525 sqft
  • Frontage: 50.00 ft
  • Full Baths: 7
  • Half Baths: 0
  • Taxes: $8399.01
  • Basement: Full, Partially Finished
  • Storeys: 3 storeys
  • Year Built: 1910
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Contact Brian to inquire about this  Business!

778.829.1105





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