19855 54th, Langley

22,225 Lot SqFt

Excellent Holding Property with development potential in the future! This free standing 7 units (6 units approx. 1400 s.f. and 1 unit approx. 2500 s.f) townhouse development complex with gross building area approx. 10,900 s.f. on 22,225 s.f. (0.51 acres) in land size!!! The property is zoned RM-1 now and the City of Langley's OCP is designated this property for High Density Residential which allow for up to 148 units per hectare!!! Many updates included laminate floor, carpet, hot water tank, interior paint, bathroom, washer/dryer, furnace, etc. Excellent property with Lots of Potential! Gross rental income is 82,140 and expenses is 15,310.

Taxes (2014): $6,277.00