Property Description

INVESTMENT & REDEVELOPMENT OPPORTUNITY! Extensively renovated income-producing property on a secure 0.5-acre lot offering approx. 6,200 sqft of total space and excellent future upside. Currently configured with 3 self-contained living spaces, each with its own kitchen, laundry, bathroom & HRV, plus 2,000+ sqft of shop/storage space. Development Permit APPROVED for 4 units, creating additional income and redevelopment potential. Over $300,000 in hard costs invested in the last 5 years including 400-AMP service, new plumbing, roof, metal siding, windows, insulation, drywall, kitchens, bathrooms, heat pumps, Navien hot water on demand & 19.8kW solar system. Features 10' ceilings, sound insulation between suites, heated/cooled garage, RV sani-dump & 30-AMP service, multiple garage doors and extensive parking. Two suites currently generate approx. $3,375/month combined. A rare turn-key investment with strong existing income and significant future potential. (id:7434)