$1,050,000
About this House
Builder Alert! Rare 66 ft frontage duplex development opportunity in Surrey offered at land value. Large 66 x 131 lot (approx. 8,660 sq ft) located in an established residential neighbourhood. Based on correspondence with the City, the property supports duplex development . Wide frontage makes this an ideal site for side-by-side duplex construction. The listing price presents a compelling opportunity for builders looking to secure a strong development lot in today’s market. Conveniently located close to schools, transit, and major routes. Property currently generates approximately $4,300 per month in rental income, providing solid holding income while development plans are prepared. Buyer must verify development potential with the City of Surrey.
Listed by RE/MAX Performance Realty.
Brought to you by your friendly REALTORS® through the MLS® System,
courtesy of BrixWork for Realtors for your convenience.
Disclaimer: This
representation is based in whole or in part on data generated by the Chilliwack
& District Real Estate Board, Fraser Valley Real Estate Board or Real Estate
Board of Greater Vancouver which assumes no responsibility for its accuracy.
Features
- MLS®: R3098705
- Type: House
- Bedrooms: 5
- Bathrooms: 3
- Square Feet: 1,373 sqft
- Lot Size: 8,665 sqft
- Full Baths: 3
- Half Baths: 0
- Taxes: $4524
- Parking: Carport Multiple, Detached, Front Access, Rear A
- Basement: None
- Storeys: 1 storeys
- Year Built: 1956
- Style: Rancher/Bungalow
Photos
