406 Union Street, Vancouver Listing #: R3082701
$2,595,000
14 Beds
7 Baths
4,575 Sqft
1,525 Lot SqFt
1910 Built
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
Taxes (2025): $8,399.01
Amenities: No Outdoor Area
Features
- Fire Sprinkler System
- Smoke Detector(s)
Similar Listings
Listed By: RE/MAX Real Estate Services
Disclaimer: The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board.
