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$1,000,000
Est. payment /mo
2 Beds
1 Bath
572 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 572 sqft
Price per Sqft $1,748
MLS® Listing ID R2930829
Style Ranch
Bedrooms 2
Originating Board Chilliwack & District Real Estate Board
Lot Size 0.602 Acres
Acres 26242.69
Property Description
Explore this exceptional 25,000 sq ft flat, rectangular lot with immense development potential. Recently rezoned from RS1 to RS-2, the property now allows for the construction of up to five 4,000 sq ft lots, making it a prime ready-to-build project for developers. Alternatively, retain and renovate the existing three grandfathered dwellings, which can generate a rental income of $4,000 to $4,500 per month. One home is currently tenanted on a month-to-month, providing instant revenue. Nestled in a highly sought-after area near the University of the Fraser Valley, hospital, schools, and recreational facilities, this is a rare opportunity. Act fast to secure this incredible property! (id:24570)
Location
Province BC
Rooms
Extra Room 1 Main level 12 ft , 1 in X 9 ft , 5 in Living room
Extra Room 2 Main level 12 ft X 9 ft Kitchen
Extra Room 3 Main level 11 ft , 1 in X 10 ft , 3 in Bedroom 2
Extra Room 4 Main level 7 ft X 7 ft , 5 in Bedroom 3
Extra Room 5 Main level 17 ft X 10 ft Laundry room
Interior
Heating Forced air,
Exterior
Parking Features Yes
View Y/N Yes
View Mountain view
Private Pool No
Building
Story 1
Architectural Style Ranch
Others
Ownership Freehold
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Listed by Sutton Premier Realty