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:374)
Mls | R2930829 |
---|---|
Listing Type | For Sale |
Style | Detachd |
Status | Active |
Year | 9999 |
Days On Site | 54 |
Beds | 2 |
---|---|
Baths | 1 Total |
Sq Feet | 572 |
Car Port | Yes |
Storys | 1 |
Acreage | 26242.69 |
Property View | Mountain view |
State | British Columbia |
---|---|
City | Hope |
Zip Code | V0X1L2 |
Listing VS Median (in V0X1L2) | |
Price: $1,000,000 low | high Med: $829,000 SqFt: 572 low | high Med: 1,190 $ / SqFt: $1,748 low | high Med: $697 On Site: 54 low | high Med: 41.000000 |