House For Sale in:
Vancouver, BC

INVESTOR & BUILDER ALERT! SUB-DIVIDABLE 2 LEGAL CITY LOT -Wide frontage -rarely available to develop in this area!

Welcome to this prime investment opportunity located in the heart of South Vancouver. Built in 1967, this solidly constructed home is surrounded by older homes, making it an excellent candidate for land assembly. The property offers a wide frontage, presenting multi-family zoning possibilities, and sits on a substantial 7900 square foot lot. Its elevated position provides beautiful southern views, making it an attractive proposition for potential developers.

Currently, the property generates over $6,000 in rental income, with the potential to earn an additional $5,000 from the main floor rental. The home is owner-occupied and has undergone significant renovations in 2022, including updates to the water tank, some windows, floors, appliances, majority of the electrical systems, furnace, gutters and down pipes, and the basement. Over $100,000 has been invested in these upgrades, ensuring the property is perfectly livable or ready to continue generating rental income until you decide on your next steps.

This highly sought-after rental area is conveniently located near the bustling Fraser Street, Main Street, and 49th Avenue Punjabi Market. You'll find yourself close to Langara College, Sunset Community Centre, Marine Gateway, and other essential amenities. The area is well-served by multiple bus lines and SkyTrain stations, providing easy access to all parts of Vancouver, Richmond and everywhere else by major highways.

Don't miss out on this rare investment opportunity in a prime location. Whether you're looking to develop, live in, or continue generating rental income, this property offers endless possibilities. Act now and secure your future in one of Vancouver's most desirable areas!