House for sale
19919 Silverhope Road, Hope
$1,389,000
$1,389,000
House for sale
19919 Silverhope Road, Hope
Features
Style
Rancher/Bungalow
Year Built
1956
Floor Area
572 sqft
Lot Size
26,243 sqft
Lot Frontage
100 ft
Property Taxes
$3,066 (2023)
Description
*** Investment opportunity*** Check out this amazing 25,000 sq ft flat rectangular lot. Recently rezoned from RS1 to RS-2. This property offers significant development potential. The new zoning permits the construction of up to five 4,000 sq ft lots, making it an ideal ready-to-build project for developers. You can also choose to hold and renovate the existing three grandfathered dwellings, which can generate a rental income of approximately $4000-4500. Currently, one of the houses is tenanted on a month-to-month basis, providing immediate revenue. This lot is among the best in the area, located in a highly desirable neighborhood close to the University of the Fraser Valley, hospital, schools, and recreational facilities. Opportunities like this are rare, so ACT NOW to secure this gem.
MLS® Number R2891567