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A $2,595,000.00 Other with 14 bedrooms in Strathcona, Vancouver East At 406 Union Street Vancouver East (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 in 2016 Main Flr has 3 S/C Suites; 2nd & 3rd Flrs Each w 6 furnished single rooms w sink vanity & bed. Each Flr has modern kitchen, 2 baths etc. 1500 SF Bsmt has laund, bike storage, lockers for rent. 2 of 12 single rooms are COV SRA rental restricted, but rest are unrestricted market rentals. 1910 Character 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. Showing w 2 Day Notice. Cll LS for info pkg, viewing


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406 Union Street
R3082701
Other
$2,595,000.00 Can you afford this?
$567.21
Vancouver
Vancouver East
Strathcona
RE/MAX Real Estate Services
4,575 Sqft.
14
7
1910
1,525
Full, Partially Finished
V6A 2B6
RT-3
$8,399.01
2025
No Outdoor Area

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