23009 Fraser Highway Langley, British Columbia V2Z 2T2

$5,000,000

INVESTORS/DEVELOPERS - Rental income: $268K/Annum & Cap rate: 4.68%. Rarely comes a property that offer BOTH - good development potential & solid rental income. Good tenants in place. 6 ACRE OUT OF ALR | CITY WATER & SEWER with about 286' exposure on Fraser Hwy! 2400 sq/ft shop with 4 bay doors, 600 Amp 3 Phase Power and massive yard with power gates. Shop has office and washroom inside it! This parcel features a nice 3 bed/2 bath home on the main. Bonus 2 independent suites (2 bed/2 bath & 1 bed/1 bath) above main house. Long private secluded driveway with separate powergate, with massive private concrete pad. Over 1000 sq/ft of patio/deck space overlooking beautifully landscaped yard, gardens, fruit trees, covered storage & chicken coop. Property has 3 separate electrical services. (id:46156)

Property Details

MLS® Number	R3081488
Property Type	Single Family
Parking Space Total	30

Building

Bathroom Total	5
Bedrooms Total	6
Age	46 Years
Architectural Style	2 Level
Basement Development	Unknown
Basement Features	Unknown
Basement Type	None (unknown)
Construction Style Attachment	Detached
Heating Fuel	Electric
Heating Type	Forced Air
Size Interior	3,582 Ft2
Type	House
Utility Water	Municipal Water

Parking

Detached Garage
Garage
R V

Land

Acreage	Yes
Sewer	Sanitary Sewer
Size Irregular	261360
Size Total	261360 Sqft
Size Total Text	261360 Sqft

Utilities

Electricity	Available
Natural Gas	Available

https://www.realtor.ca/real-estate/29272269/23009-fraser-highway-langley