Key Facts
- MLS® #: R2984601
- Property ID: SIRC2347044
- Property Type: Residential, Other
- Living Space: 4,575 sq.ft.
- Lot Size: 1,525 sq.ft.
- Year Built: 1910
- Bedrooms: 14
- Bathrooms: 7
- Listed By:
- RE/MAX Real Estate Services
Property Description
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.
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Location
406 Union Street, Vancouver, British Columbia, V6A 2B6 Canada
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