The Largest Number of Homes for Sale
Multi-family for sale
406 Union Street, Strathcona, Strathcona, Vancouver
$2,595,000
$2,595,000
Multi-family for sale
406 Union Street, Strathcona, Strathcona, Vancouver
Features
Year Built
1910
Floor Area
6,100 sqft
Lot Size
1,525 sqft
Gross Property Tax
$8,399.01 /year
Building Type
Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
Zoning
RT-3
Subject Property Width
30.5 ft
Subject Property Depth
50 ft
Suite Mix Information
1 x Bachelor/Studio, 2 x 1 ½, 12 x Other
Total no. of Units
15
Financial Summary
$220,676
Description
HIP-O Building Cool Strathcona 3 Storey 15 Unit Historic lncome Bldg near Chinatown, mins D/ &, 1 Blk to new St Paul Hospital. The 4500 SF Bldg + 1500 SF unfin Bsmt reno'd in 2016-2019 Main Flr has 3 S/C Suites; 2nd & 3rd Flrs each contain 6 furnished single rooms each w sink vanity, murphy bed, & each Flr has modern kitchen, 2 baths, common area. The 1500 SF Bsmt largely unused w Coin laund, bike storage, lockers for rent. 2 of 12 single rooms are COV SRA rental restricted, but rest incl 3 S/C Suites are unrestricted market rentals. 1910 Character Bldg, very 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 great for non-profit housing! Seller consider VTB 2nd mortgage to Qualified Buyer, Showing w 2 Day Notice. Call LS viewing, info pkg.
MLS® Number C8075345