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Revenue Property with Future Redevelopment Potential

Category:

Single Family Home

Bedrooms:

Bathrooms:

Year Built:

1908

Lot Size:

4,240

Square Footage:

2,328

MLS#:

R3136202

Description of Property at

4265 Slocan St

Also C8079640. Revenue Property with Future Redevelopment Potential. Priced below BC Assessment of $1,683,000. Features 3 suites with 3 kitchens, 9 bedrooms, and 6 bathrooms, generating over $100,000/year in gross revenue (4.5% cap rate). Renovated in 2011 with updates including roof, plumbing, wiring, 200-amp electrical service, drainage, and more. Situated on a deep lot 33' x 128.5' (4,240 sq.ft.), C-1 zoned lot allowing mixed-use development up to 1.2 FSR. Located within the Transit-Oriented Area (TOA) near 29th Avenue SkyTrain Station, offering future assembly and redevelopment potential. Property contains unauthorized accommodation. All meas are approx and should be verified by buyers if deemed important. Please allow time for showings.

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