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:58426)
| MLS® Number | R2984601 |
| Property Type | Single Family |
| Neigbourhood | Japantown |
| BathroomTotal | 7 |
| BedroomsTotal | 14 |
| BasementDevelopment | Partially Finished |
| BasementFeatures | Separate Entrance |
| BasementType | Full (partially Finished) |
| ConstructedDate | 1910 |
| SizeInterior | 6100 Sqft |
| Acreage | No |
| SizeFrontage | 30 Ft |
| SizeIrregular | 1525 |
| SizeTotal | 1525 Sqft |
| SizeTotalText | 1525 Sqft |
https://www.realtor.ca/real-estate/28103947/406-union-street-vancouver
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Bob Bracken
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