House
9 Bedrooms
5 Bathrooms
Size: 2,984 sqft
Built in 1977
$1,474,900
About this House in West Newton
Excellent investment and holding property in a prime Newton location. This well-located property is close to King George Boulevard, Newton Wave Pool, transit, schools, library, fitness centres, banks, and shopping amenities. The home features six rental units with long-term tenants already in place, providing consistent income and approximately $2,400 per month in positive cash flow in today’s market. A great opportunity for investors seeking reliable rental income while holding for future growth. Situated in a transit-oriented area with potential for higher density development in the future and strong long-term upside as the surrounding area continues to grow and evolve. Buyers or Buyers Agent to verify development potential with the City of Surrey.
Listed by Keller Williams Ocean Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Omar Mohammad 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®R3091773
- Bedrooms9
- Bathrooms5
- TypeHouse
- Size2,984 sqft
- Lot Size7,080 sqft
- Frontage58.00 ft
- Full Baths5
- Half Baths0
- Taxes$8572.38
- ParkingOpen, Front Access, Asphalt (4)
- BasementFinished, Exterior Entry
- Storeys2 storeys
- Year Built1977
- StyleBasement Entry
More about West Newton, Surrey
Latitude: 49.1270734
Longitude: -122.8480786
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