House
6 Bedrooms
3 Bathrooms
Size: 2,566 sqft
Built in 1953
$1,958,000
About this House in Riverdale RI
RARE DEVELOPMENT OPPORTUNITY IN WEST RICHMOND! Exceptional 10,642 sq.ft. rectangular lot with 67.7 ft frontage, directly beside Thompson Elementary Park. Potential to build TWO DETACHED HOMES with a combined floor area of approx. 5,846 sq.ft. (2,923 sq.ft. each). Each home could include a legal secondary suite, offering up to FOUR living units, subject to City approval. Existing home features 3 beds/2 baths upstairs and 3 beds/1 bath downstairs, with separate kitchens, generating nearly $5,000/month in rental income. Excellent holding property with outstanding redevelopment potential. Close to schools, shopping and transit. Build, invest or hold! Buyer to verify development potential with City of Richmond.
Listed by eXp Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Reed Hortie 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®R3174035
- Bedrooms6
- Bathrooms3
- TypeHouse
- Size2,566 sqft
- Lot Size10,642 sqft
- Frontage67.70 ft
- Year Built1953
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More about Riverdale RI, Richmond
Latitude: 49.16703015
Longitude: -123.18083502
