Duplex for sale
423-425 E 2nd Street, Lower Lonsdale, North Vancouver
$2,890,000
Features
Style
2 Storey
Year Built
2000
Floor Area
3,044 sqft
Lot Size
6,000 sqft
Lot Frontage
50 ft
Parking Spaces
2
Property Taxes
$8,739 (2023)
Additional Features
ClthWsh/Dryr/Frdg/Stve/DW
Description
Seize this outstanding investment opportunity nestled in a prime location! Designated as R4A & zoned RG-3 with an FSR of up to 1.0, this property opens the door to the construction of 4 townhomes, each featuring a lock-off suite – an ideal prospect for developers. The current side-by-side 2-level duplex boasts great long term tenants, 3 bedrooms, 2.5 baths per side & generates an annual gross income of $49,800. Beautiful southern exposure and views of the city & water; lane access, a detached 2-car garage, garden & deck space, and a great walk score. Located just a stone's throw away from Lonsdale Quay and public transit, this property is perfectly situated for both convenience and accessibility. Built just 23 years ago, this property is in good condition. Hold, renovate or build!
MLS® Number R2826470