40
See all 40 photos
$2,750,000
Est. payment /mo
6,100 SqFt
Active
406 UNION STREET Vancouver, BC V6A 2B6
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UPDATED:
12/15/2024 07:44 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,100 sqft
Price per Sqft $450
Subdivision Strathcona
MLS Listing ID C8061080
Year Built 1910
Annual Tax Amount $6,775
Tax Year 2023
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
Location
Province BC
Community Strathcona
Area Vancouver East
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Building
Dwelling Type Multi-Family Commercial
Story 3
Structure Type Wood Frame
Listed by RE/MAX Real Estate Services
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