406 Union Street Vancouver, British Columbia V6A 2B6

14 Bedroom 7 Bathroom 6,100 ft2

$2,599,000

The HIP-O Cool 3 Storey, 15 Unit Historic Bldg, Trendy Strathcona, Blk to new St Paul Hospital, mins D/T, Chinatown, 4500 SF Bldg+1500 SF Bsmt completely reno'd 2016-2019 sprinklers, plumbing, elec, flrs, kitchs, roof, baths. Contains 3 Grd Flr S/C Suites; 2nd & 3rd Flrs each w 6 furnished single rooms w sink, each Flr has 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. Gr 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 consider VTB 2nd Mtg to Qualified Buyer. Call LS Info Pkg Show w 2 day notice. Show Tues May 6 @ 11:00am gone by noon by Appt. (id:17816)

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

https://www.realtor.ca/real-estate/28103947/406-union-street-vancouver