About this House in Lackner
PRIME INVESTMENT & DEVELOPMENT OPPORTUNITY! Exceptional 75’ x 150’ (11,248 SF) property on Richmond’s Railway Avenue arterial corridor, offering excellent rental income and multifamily redevelopment potential under existing City policies. An ideal holding property with strong rental income potential while exploring future development opportunities. Consider townhouse, multiplex or purpose-built rental development options. Qualifying multifamily rental projec…ts may be eligible for up to 90%+ CMHC financing under MLI Select. Outstanding family location near highly ranked Jessie Wowk Elementary (9.2/10), Richmond Christian School and Steveston-London Secondary. An exceptional opportunity to generate rental income while planning future development!
Listed by Luxmore Realty.
PRIME INVESTMENT & DEVELOPMENT OPPORTUNITY! Exceptional 75’ x 150’ (11,248 SF) property on Richmond’s Railway Avenue arterial corridor, offering excellent rental income and multifamily redevelopment potential under existing City policies. An ideal holding property with strong rental income potential while exploring future development opportunities. Consider townhouse, multiplex or purpose-built rental development options. Qualifying multifamily rental projects may be eligible for up to 90%+ CMHC financing under MLI Select. Outstanding family location near highly ranked Jessie Wowk Elementary (9.2/10), Richmond Christian School and Steveston-London Secondary. An exceptional opportunity to generate rental income while planning future development!
Listed by Luxmore Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®: R3155514
- Bedrooms: 3
- Bathrooms: 3
- Type: House
- Square Feet: 2,706 sqft
- Lot Size: 11,248 sqft
- Frontage: 75.00 ft
- Full Baths: 3
- Half Baths: 0
- Taxes: $7933.23
- Parking: Garage Double, Front Access (6)
- Basement: None
- Storeys: 2 storeys
- Year Built: 1972
Walkscore Of This Listing
More About Lackner, Richmond
latitude: 49.1415104
longitude: -123.1693813
Postal Code: V7E 2B7