Fourplex for sale

8720 Rosemary Avenue, South Arm, Richmond

$2,300,000 or

Ryan Chernochan REALTOR® RE/MAX Westcoast Contact me

$2,300,000 or

Fourplex for sale

8720 Rosemary Avenue, South Arm, Richmond

Features

20 rooms
10 bedrooms
4 bathrooms
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Style
2 Storey
Year Built
1969
Floor Area
4,963 sqft
Lot Size
12,142 sqft
Lot Frontage
80 ft
Parking Spaces
8
Amenities
Garden, In Suite Laundry, Storage
Property Taxes
$4,703 (2020)
Additional Features
ClthWsh/Dryr/Frdg/Stve/DW
18

Description

Single large 12,142 sq ft subdividable lot (zoned RS1/E) in a quiet neighborhood with 4 plex house (8720+8740 Rosemary Ave). Lot can be rezoned into 2 separate lots of 40 ft x 150 ft as per the adjacent lot next door of similar size. All 4 suites have in-suite laundry, separate entrance, 1 full bath and the house has 8 total parking. All suites are rented to wonderful long term tenants. Upper suites have front and back decks, bottom suites have large patios. Well maintained house with a new roof (2020) replaced fence (2018) new deck coating (8720A)(2020). A new owner has options! Fantastic income generating investment to hold now and/or build in the future. Easily rented due to a 2 min walk to major bus lines, 15 min walk to elementary + high school + groceries + restaurants and more
MLS® Number R2516236

Ryan Chernochan REALTOR® RE/MAX Westcoast Contact me

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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