406 Union Street
Strathcona, Vancouver East
OFFERED AT: $2,595,000
About this Business in Strathcona
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.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Manny Bal PREC* for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Listing Features
- MLS®: R3082701
- Bedrooms: 14
- Bathrooms: 7
- Type: Business
- Size: 4,575 sqft
- Lot Size: 1,525 sqft
- Frontage: 50.00 ft
- Taxes: $8399.01
- Basement: Full, Partially Finished
- Storeys: 3 storeys
- Year Built: 1910
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Strathcona,Vancouver East
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