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945-927 PRINCESS AVENUE

City: Vancouver

MLS® Number: C8080588

$2,690,000

Description

BRILLIANT investment! Own FOUR DUPLEX HOUSES with EIGHT SUITES PLUS 4 unfinished basement with separate entrance. Just down the street of Saint Paul's Health Campus and there's immediate and easy access to the downtown core -- this property is a wise investment! The site is pretty, quiet, tree-lined with convenient access to Skytrain/bus. Steps away there's Chinatown amenities: restaurants, financial services, cafes, shopping. Costco for groceries is nice and close, as are Elementary and Secondary schools. The four duplex houses are located on two lots, ready to achieve full rental potential with some development investment. The EIGHT units each have 1 bdrm, 1 bath, fir floors, balconies , and bsmt laundry access. There's original wood siding under the stucco. Prime for future land assembly. The roofs are 17 years old, & windows are 15 years old. This is part of the NEW HOSPITAL'S HEALTH/ FALSE CREEK INNOVATION DISTRICT NOTE: approx. $50,000 of finishing is needed to make all 8 sites rentable. (id:67659)

PROPERTY TYPE

Multi-family

BEDROOMS

N/A

TAXES

$21,065.50 (2025)

DWELLING TYPE

N/A

BATHROOMS

N/A

LOT AREA

6250.00 square feet