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7693 118 St - 4 single houses - Zoned duplex redevelopment 1.04 Acres of Residential Land in Delta, BC V4C 6G9
EXECUTIVE SUMMARY
Builder alert! Or Investor can hold the properties while waiting for the redevelopment.
Rare opportunity to have 1 acre lot for redevelopment - 4 single houses of each lots min. 10,956 s.f. of totally 45,230 s.f. Good rental income for all 4 properties. Zoning RD3 duplex and residential detached
Annual rental income : $177,600. Potential rent increase to $196,000.
Total expense : $20,000.00.
NOI : $157,600
Cap. rate : 2.7%
Rare opportunity to have 1 acre lot for redevelopment - 4 single houses of each lots min. 10,956 s.f. of totally 45,230 s.f. Good rental income for all 4 properties. Zoning RD3 duplex and residential detached
Annual rental income : $177,600. Potential rent increase to $196,000.
Total expense : $20,000.00.
NOI : $157,600
Cap. rate : 2.7%
PROPERTY FACTS
1 LOT AVAILABLE
Lot 3,4,5 & 6
| Lot Size | 1.04 AC |
| Lot Size | 1.04 AC |
Total lot sizes : 45,230 sq.ft. (1.03 acres) - 7693 118 St., N.Delta - 12,362 sq.ft. - 7707 118 St., N Delta - 10,956 sq.ft. - 7713 118 St., N Delta - 10,956 sq.ft. - 7725 118 St., N Delta - 10956 sq.ft.
DESCRIPTION
Properties located close to King George Skytrain and 120 Street. Few block to hospital, skytrain station, secondary school and all amenities.
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Presented by
Metro Edge Realty Inc
7693 118 St - 4 single houses - Zoned duplex redevelopment
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