5973 Holstein St, Surrey, BC V3S 3Y9

$1,075,000
3
BD
1
BA
1,500
SqFt

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List Price
$1,075,000
Status
ACTIVE
MLS® #
R2968246
Price Change
▼ $74,999 1786590328
Year Built
1975
Subtype
Single Family Residence
Style
Bungalow
Stories
1
Bedrooms
3
Total baths
1
Living Area
1,500
Area
Cloverdale
Community
Cloverdale BC

Property Description

DEVELOPMENT POTENTIAL! Rare investment opportunity awaits in Cloverdale with this 7,600sqft rectangular lot, ideally suited for builders and investors. Capitalize on the existing 3-bed rancher, currently rented to reliable tenants at $2,300 per month, providing immediate income while you explore development options. Envision building a new three-level home, or with new SSMUH regulations, a duplex and a garden suite (Buyer to do own due diligence). Survey/Engineer's MBE Letter available to aid in your planning. This prime location in a high-demand area offers exceptional possibilities to maximize your investment in Cloverdale's real estate market. Please respect the tenant's privacy; do not disturb. Photos are not up to date and show property’s potential, not current condition.

Additional Information

Lot Size
7,623
Acres
0.18
Fireplaces
1
Region
Cloverdale
Title To Land
Freehold NonStrata

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NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.