604.542.2444

406 Union Street, Strathcona, Vancouver East

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406 Union Street

Strathcona, Vancouver East

$2,595,000

Property Size: 1,742 sqft

Type: Multi-Family Commercial

About this Multi-Family Commercial

HIP-O Building Cool Strathcona 3 Storey 15 Unit Historic lncome Bldg near Chinatown, mins D/T, 1 Block 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 & bed. Also 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. Income $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.

Listed by RE/MAX Real Estate Services.

TypeMulti-Family Commercial
Sub TypeMulti Family

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Photo 1 at 406 Union Street, Strathcona, Vancouver East Photo 2 at 406 Union Street, Strathcona, Vancouver East Photo 3 at 406 Union Street, Strathcona, Vancouver East Photo 4 at 406 Union Street, Strathcona, Vancouver East Photo 5 at 406 Union Street, Strathcona, Vancouver East Photo 6 at 406 Union Street, Strathcona, Vancouver East Photo 7 at 406 Union Street, Strathcona, Vancouver East Photo 8 at 406 Union Street, Strathcona, Vancouver East Photo 9 at 406 Union Street, Strathcona, Vancouver East Photo 10 at 406 Union Street, Strathcona, Vancouver East Photo 11 at 406 Union Street, Strathcona, Vancouver East Photo 12 at 406 Union Street, Strathcona, Vancouver East Photo 13 at 406 Union Street, Strathcona, Vancouver East Photo 14 at 406 Union Street, Strathcona, Vancouver East Photo 15 at 406 Union Street, Strathcona, Vancouver East Photo 16 at 406 Union Street, Strathcona, Vancouver East Photo 17 at 406 Union Street, Strathcona, Vancouver East Photo 18 at 406 Union Street, Strathcona, Vancouver East Photo 19 at 406 Union Street, Strathcona, Vancouver East Photo 20 at 406 Union Street, Strathcona, Vancouver East Photo 21 at 406 Union Street, Strathcona, Vancouver East Photo 22 at 406 Union Street, Strathcona, Vancouver East Photo 23 at 406 Union Street, Strathcona, Vancouver East Photo 24 at 406 Union Street, Strathcona, Vancouver East Photo 25 at 406 Union Street, Strathcona, Vancouver East Photo 26 at 406 Union Street, Strathcona, Vancouver East Photo 27 at 406 Union Street, Strathcona, Vancouver East Photo 28 at 406 Union Street, Strathcona, Vancouver East Photo 29 at 406 Union Street, Strathcona, Vancouver East Photo 30 at 406 Union Street, Strathcona, Vancouver East Photo 31 at 406 Union Street, Strathcona, Vancouver East Photo 32 at 406 Union Street, Strathcona, Vancouver East Photo 33 at 406 Union Street, Strathcona, Vancouver East Photo 34 at 406 Union Street, Strathcona, Vancouver East Photo 35 at 406 Union Street, Strathcona, Vancouver East Photo 36 at 406 Union Street, Strathcona, Vancouver East Photo 37 at 406 Union Street, Strathcona, Vancouver East Photo 38 at 406 Union Street, Strathcona, Vancouver East Photo 39 at 406 Union Street, Strathcona, Vancouver East Photo 40 at 406 Union Street, Strathcona, Vancouver East

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