406 Union Street Vancouver, British Columbia V6A 2B6
$2,595,000
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. Showing Fri Mar 6th @ 2:30pm gone by 3:30pm by Appointment must confirm, Call Bob. (id:49203)
Property Details
| MLS® Number | C8075345 |
| Property Type | Multi-family |
Building
| Constructed Date | 1910 |
| Size Interior | 6,100 Ft2 |
Land
| Acreage | No |
| Size Irregular | 1525 |
| Size Total | 1525 Sqft |
| Size Total Text | 1525 Sqft |
| Zoning Description | Rt-3 |
https://www.realtor.ca/real-estate/29273147/406-union-street-vancouver
Contact Us
Contact us for more information
Bob Bracken
www.bobbracken.com/
3548 West 41st Ave.
Vancouver, British Columbia V6N 3E6
(604) 263-2823
(604) 263-1057
www.remaxres.ca/
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March 05 2026 07:01:28
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