1636 FRANCES STREET|Vancouver, British Columbia V5L1Z4
Property Details
4
2
Single Family
Description
MLS Number: R3070006
Property Details: • Type: Single Family • Ownership Type: Freehold • Bedrooms: 4 • Bathrooms: 2 • Building Type: House • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: Carport, Garage (1) • Parking Spaces: N/A
Description: Exceptional detached opportunity one block in from Commerical Street. This character home features two self-contained suites, perfect for investors, builders, or upsizers. The main floor is tenanted at $3,400/month with a fixed lease until Oct 2026, providing solid holding income, while the upper suite operates as a short-term rental with strong revenue potential. Architectural drawings are complete for a front-and-back duplex at 1.0 FSR, with the DP soft-approved by the city and to be issued together with the BP, saving significant time for redevelopment. A good chance to secure income today with major upside for the future. Higher-density potential RM-4 zoning allows for infill development and multi unit conversion with potential for up to 1.4 FSR (Buyer to verify). Open House Dec 07. 2-4 PM. (32206448)
Agent Information: • Agents: Alan He • Contact: 778-980-5863 • Brokerage: MLA Canada Realty • Website: http://www.mlacanada.com
Time on Realtor: 6 days ago
Location
Address
1636 FRANCES STREET|Vancouver, British Columbia V5L1Z4
City
Vancouver
Features and Finishes
None
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