About this Business in Cedar Hills
Welcome to Cedar Hills! This full up/down duplex sits on a massive 10,000+ sf. lot with convenient back lane access, offering an outstanding investment and redevelopment opportunity. Currently generating approx. $6,000 pm from multiple rental streams, this property provides strong holding income while you plan for the future. Located in the highly desirable Cedar Hills neighbourhood, this property falls within the R3 zoning designation, allowing for a variety of housing opti…ons including duplexes, triplexes, 4plexes, and configurations of up to 6 dwelling units (buyer to verify with the City of Surrey). Whether you're an investor, builder, or developer, this is a rare chance to secure a prime property with excellent cash flow and significant redevelopment potential.
Listed by Skystreet Real Estate Marketing.
Welcome to Cedar Hills! This full up/down duplex sits on a massive 10,000+ sf. lot with convenient back lane access, offering an outstanding investment and redevelopment opportunity. Currently generating approx. $6,000 pm from multiple rental streams, this property provides strong holding income while you plan for the future. Located in the highly desirable Cedar Hills neighbourhood, this property falls within the R3 zoning designation, allowing for a variety of housing options including duplexes, triplexes, 4plexes, and configurations of up to 6 dwelling units (buyer to verify with the City of Surrey). Whether you're an investor, builder, or developer, this is a rare chance to secure a prime property with excellent cash flow and significant redevelopment potential.
Listed by Skystreet Real Estate Marketing.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Vanessa Baker 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.
More Details
- MLS®: R3111022
- Bedrooms: 6
- Bathrooms: 4
- Type: Business
- Square Feet: 2,652 sqft
- Lot Size: 10,290 sqft
- Frontage: 70.00 ft
- Full Baths: 3
- Half Baths: 1
- Taxes: $6131.87
- Parking: Other (10)
- Basement: Full
- Storeys: 2 storeys
- Year Built: 1970