406 UNION STREET Active

Vancouver,BC V6A2B6

$ 2750000

- Bed

- Bath

6100 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,100 sqft

Price per Sqft $450

MLS Listing ID C8061080

Originating Board Greater Vancouver REALTORS®

Year Built 1910

Lot Size 1,525 Sqft

Acres 1525.0

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:24570)

Location

Province BC

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

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