DEVELOPMENT POTENTIAL! A rare investment opportunity awaits in Cloverdale with this 7,600sqft rectangular lot, ideally suited for builders and investors. Capitalize on the existing 3-bedroom rancher, currently rented to reliable tenants at $2,300 per month, providing immediate income while you explore development options. Envision building a new three-level home, or with new SSMUH regulations, a MULTIPLEX and a garden suite (Buyer to do own due diligence). Survey and Engineer's MBE Letter available to aid in your planning. This prime location in a high-demand area offers exceptional possibilities to maximize your investment in Cloverdale's thriving real estate market. Please respect the tenant's privacy; do not disturb.
Address
5973 Holstein Street
List Price
$1,388,800
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Rancher/Bungalow
Structure Type
Residential Detached
Area
Cloverdale
Sub-Area
Cloverdale BC
Bedrooms
3
Bathrooms
1
Floor Area
1,500 Sq. Ft.
Main Floor Area
1500
Lot Size
7623 Sq. Ft.
Lot Size Dimensions
18.29 x
Lot Size (Acres)
0.18 Ac.
Lot Size Units
Square Feet
Total Building Area
1500
Frontage Length
60.01
Year Built
1975
MLS® Number
R2968246
Listing Brokerage
Westmont Realty Inc.
Basement Area
Crawl Space
Postal Code
V3S 3Y9
Zoning
R3
Ownership
Freehold NonStrata
Parking
Additional Parking, Garage Single
Tax Amount
$5,599.68
Tax Year
2024
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Forced Air
Fireplace
Yes
Fireplace Features
Gas
Number of Fireplaces
1
Garage
Yes
Garage Spaces
1
Number Of Floors In Property
1