Investors/builders - ALERT!!! House on 8,835 sqft lot in a prime Surrey location with huge development potential—ideal for a 4-PLEX or 6-PLEX (verify with City of Surrey). The existing home includes 3 beds/2 baths upstairs, plus (3+1)-bed suites with an additional room perfect for an office or extra rental space downstairs. Property is located in a high walk score and high transit score area, with frequent bus service nearby. Perfect opportunity for investors or developers looking for strong holding income and future redevelopment upside.Very good location close to school, shopping and transportation. Call today to book a showing! ***Potential to generate up to $6,500/month in rental income***
Address
12841 98 Avenue
List Price
$1,479,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
sale
Area
North Surrey
Sub-Area
Cedar Hills
Bedrooms
7
Bathrooms
4
Floor Area
2,425 Sq. Ft.
Main Floor Area
1038
Lot Size
8835 Sq. Ft.
Lot Size Dimensions
60 x 143
Lot Size (Acres)
0.2 Ac.
Lot Features
Central Location
Lot Size Units
Square Feet
Total Building Area
2425
Frontage Length
60
Year Built
1956
MLS® Number
R3009598
Listing Brokerage
Nationwide Realty Corp.
Basement Area
Finished, Exterior Entry
Postal Code
V3T 1B1
Zoning
R3
Ownership
Freehold NonStrata
Parking
Open, RV Access/Parking, Front Access, Driveway
Parking Places (Total)
6
Tax Amount
$6,126.10
Tax Year
2024
Site Influences
Central Location, Private Yard, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Private Yard
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Forced Air, Natural Gas
Levels
Two
Number Of Floors In Property
2
