15387 20A AVENUE, Surrey
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)
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
Bedrooms
4
Bathrooms
2
Living Area
2035 square feet
Architectural Style
2 Level
Basement
None
Appliances
Lot Size
7920.0 sqft
Heating
Forced air, Natural gas
Water Source
Municipal water
Sewer
Sanitary sewer,Storm sewer
Utilities
Security
$1,349,000
Office
RE/MAX Crest Realty
Loan Amount:
$1,079,200
Estimated Monthly Payment:
$5,259
This is an estimate for informational purposes only. Consult with a financial advisor.
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