406 UNION STREET, Vancouver
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. (id:62865)
Status
Active
Year Built
1910
Ownership
Freehold
Parking Spaces
0
Annual Tax
$8,399
Tax Year
2025
Parcel Number
011-151-811
Data Source
Greater Vancouver REALTORS®
Bedrooms
14
Bathrooms
7
Living Area
6100 square feet
Basement
Partially finished, Full
Lot Size
1525.0 sqft
Frontage
50.0 feet
$2,595,000
Office
RE/MAX Real Estate Services
Loan Amount:
$2,076,000
Estimated Monthly Payment:
$10,117
This is an estimate for informational purposes only. Consult with a financial advisor.
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