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 Sat May 10 @ noon gone by 1:00pm by Appt. (id:4069)
Address
406 UNION STREET
List Price
$2,599,000
Property Type
Single Family
Area
British Columbia
Sub-Area
Vancouver
Bedrooms
14
Bathrooms
7
Floor Area
6,100 Sq. Ft.
Lot Size
1525 Ac.
Year Built
1910
MLS® Number
R2984601
Listing Brokerage
RE/MAX Real Estate Services
Basement Area
Full (Partially finished)
Postal Code
V6A2B6
