12274 228 Street, Maple Ridge, British Columbia V2X 6M4

Listed for:
$2,469,000
8 beds
0 baths
Listed 14 days ago
Fourplex for rent: 12274 228 Street, Maple Ridge, British Columbia V2X 6M4

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Learn more about this property
Listing provided by:
RE/MAX Sabre Realty Group
MLS® number:
R2848158
Agent:
Alan Eagleton
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About

Great DEVELOPMENT Opportunity. Official Community Plan (OCP) supports a range of zoning options, including R-1 Residential District, CD-1-93 Amenity Residential District, R-3 Special Amenity Residential District, RS-1b One Family Urban Medium Density Residential, RT-1 Two Family Urban Residential, RT-2 Ground-Oriented Residential Infill (limited to triplex residential uses only), 19,000 Square Foot Lot the possibilities are endless, Hold, Develop or Build. BONUS ++ Two houses 4 rental incomes = positive cash flow while taking through subdivision. One split entry home with 3 bedrooms up and a 2 bedroom basement suite. The other house is a Duplex with 1 and 2 bedroom units, Great Investment Opportunity! (id:27476)

Property Highlights

Type
Fourplex
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
7
Ownership Type
Freehold
Amenities nearby
Shopping

Location

Summary

Conveniently situated near shopping amenities, this property boasts a freehold ownership type and a generous total of 7 parking spaces. With an expansive 19,000 square foot lot, this property presents an exceptional development opportunity. The Official Community Plan (OCP) supports various zoning options, including R-1 Residential District, CD-1-93 Amenity Residential District, R-3 Special Amenity Residential District, RS-1b One Family Urban Medium Density Residential, RT-1 Two Family Urban Residential, and RT-2 Ground-Oriented Residential Infill (limited to triplex residential uses only).

Featuring two houses that generate rental income, this property offers a positive cash flow while undergoing subdivision. The first house is a split entry home with 3 bedrooms on the upper level and a 2 bedroom basement suite. The second house is a duplex with 1 and 2 bedroom units, making it a great investment opportunity. This property is currently on the market for sale and boasts a land size of 18,995 square feet, with nearby shopping amenities.

Located at 12274 228 Street in the city of Maple Ridge, British Columbia, this property is equipped with a postal code of V2X6M4 and a total of 8 bedrooms. Additionally, it features a finished basement and is classified as a fourplex.

Street Spotlight - For sale