Virtual Tour

Description

CEDAR HILLS!! Potentially sub-dividable 27,796 SqFt (123.7Ft X 224.8 Ft) rectangle North Facing lot with stunning City & Mountain views. Four-Plex with large suites, provides great holding income while applying for subdivision with the city. The main level features 2 two bedroom suites, upper level consists of 2 three bedroom suites. Brand new roof installed with warranty(3yrs old). Total rentable area is approx. 5,074 SqFt. 5 Carports and extra parking in rear of compound. Current rent income is around $9,000 monthly, approx 4.6% CAP RATE!! Act fast!!

Taxes (2019): $5,350.86

MLS Reciprocity

Listed By: RE/MAX Progroup Realty

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.