Properties

406 UNION STREET, Vancouver, British Columbia

Vancouver For Lease

C$2,750,000
Description

HIP-O Building 406 Union St. Cool 3 Storey 15 Unit Historic lncome Bldg Trendy Strathcona, near Chinatown, mins to D/T, 1 blk to new St Paul Hospital. 4500 SF Bldg + 1500 SF unfin Bsmt completely reno’d 2016-2019 contains 3 Grd Flr S/C Suites; 2nd & 3rd Flrs each contain 6 furnished single rooms w sink vanity, murphy bed, & each Flrs have a modern kitchen, 2 baths & common area. 1500 SF Bsmt largely unused w Coin laund, bike storage, lockers for rent. 2 of 12 single rooms COV SRA rental restricted, but rest incl 3 S/C Suites are unrestricted market rentals. 1910 Bldg lots of character very upgraded, sprinklered redone plumbing, elec, flrs, kitchs, roof, baths. Inc $17,916/mo, $214,992/yr; NOI $130,157/yr, 4.7% C. R. Prof managed well maintained good Tenants. Great hands off investment, or great non-profit housing OTE! Seller consider VTB 2nd mortgage good terms to Qualified Buyer, call LS for details. Showing Preferred Frid Afternoon 2 Day Notice. Call LS viewing, info pkg. Show Thur Jan 9 10:30am by Appt

Property Details
Listing Type : For Lease
MLS ID : C8061080
Price : C$2,750,000
Status : Active
Year Built : 1910
Bedrooms : 0
Bathrooms : 0
Square Footage : 6,100 Sqft
Lot Area : 1,525 Sqft
Area : Vancouver East
Sub-Area : Strathcona
City : Vancouver
Province : British Columbia
Postal Code : V6A 2B6
Region : Greater Vancouver
Land Size Hectres : 0 Sqft
Land Size Acres : 0.04 Sqft
Additional Information
Zoning : RT-3
Listing Office : RE/MAX Real Estate Services
Source : Vancouver
Total Lease Area : 0
For Lease
  • MLS ID : C8061080
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 6,100 Sqft
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