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15387 20A AVENUE, Surrey

MLS® #R3122684
About this Property

INVESTOR & DEVELOPER ALERT! Rare opportunity in desirable South Surrey on a 7,920 SF CORNER LOT with valuable BACK LANE access. Located within an eligible Frequent BUS STOP AREA under Surrey's Small-Scale Multi-Unit Housing zoning update, offering excellent redevelopment potential including FOURPLEX or possible 6-UNIT development potential (Buyer to verify with City of Surrey). Well-maintained property with stable long-term tenants generating over $4,100/month in rental income, making this an ideal holding property while planning future redevelopment. Features forced air heating, furnace (2021), hot water tank (2021), and roof approximately 18 years old. Conveniently located close to schools, transit, shopping, hospital, parks, and amenities. Excellent opportunity for investors, builders, and build-to-rent projects. Motivated seller - contact for more information! (id:62865)

Property Information

Status

Active

Year Built

1973

Property Type

House

Ownership

Freehold

Parking Spaces

2

Annual Tax

$5,427

Tax Year

2025

Data Source

Fraser Valley Real Estate Board

Interior Details

Bedrooms

4

Bathrooms

2

Living Area

2035 square feet

Architectural Style

2 Level

Basement

None

Appliances

WasherRefrigeratorStoveDryerStorage Shed
Exterior & Lot

Lot Size

7920.0 sqft

Building & Utilities

Heating

Forced air, Natural gas

Water Source

Municipal water

Sewer

Sanitary sewer,Storm sewer

Utilities

WaterNatural GasElectricity

Security

Smoke Detectors

$1,349,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
4Beds
2Baths
2035sqft
Listing Courtesy of

Office

RE/MAX Crest Realty

Mortgage Calculator
$269,800

Loan Amount:

$1,079,200

Estimated Monthly Payment:

$5,259

This is an estimate for informational purposes only. Consult with a financial advisor.