12240 100A Avenue, Surrey
CEDAR HILLS!! Potentially sub-dividable 27,796 SqFt (123.7Ft X 224.8 Ft) rectangle North Facing lot with stunning City & Mountain views. Four-Plex with large suites, provides great holding income while applying for subdivision with the city. The main level features 2 two bedroom suites, upper level consists of 2 three bedroom suites. Brand new roof installed with warranty(3yrs old). Total rentable area is approx. 5,074 SqFt. 5 Carports and extra parking in rear of compound. Current rent income is around $9,000 monthly, approx 4.6% CAP RATE!! Act fast!!
Taxes (2019): $5,350.86