23009 Fraser Highway, Langley, V2Z 2T2

Home Overview

Description

INVESTORS/DEVELOPERS - Rental income: $268K/Annum & Cap rate: 4.68%. Rarely comes a property that offer BOTH - good development potential & solid rental income. Good tenants in place. 6 ACRE OUT OF ALR | CITY WATER & SEWER with about 286' exposure on Fraser Hwy! 2400 sq/ft shop with 4 bay doors, 600 Amp 3 Phase Power and massive yard with power gates. Shop has office and washroom inside it! This parcel features a nice 3 bed/2 bath home on the main. Bonus 2 independent suites (2 bed/2 bath & 1 bed/1 bath) above main house. Long private secluded driveway with separate powergate, with massive private concrete pad. Over 1000 sq/ft of patio/deck space overlooking beautifully landscaped yard, gardens, fruit trees, covered storage & chicken coop. Property has 3 separate electrical services.

95 days

On Market

House/Single Family

Property Type

$12,598 / Year

Est. Taxes

2 Storey

Style

-

Garage

None

Basement