25794 38 AVE Pending

Langley,BC V4W 2R4

$ 2699000

5 Beds

4 Baths

2557 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,557 sqft

Price per Sqft $1,055

MLS Listing ID R3015054

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1977

Lot Size 5.000 Acres

Property Sub-Type Single Family Residence

Property Description

CASHFLOW OPPORTUNITY! This income-producing acreage generates $12,300/month in rental revenue plus offers greenhouse space for your own use and ample truck parking. The property boasts 80,000 sq/ft of gutter-connected poly greenhouses with natural gas service and a high-volume water supply. The 5-bedroom, 4-bathroom, 2,557 sq/ft home includes two self-contained suites, currently producing $4,400/month in rental income. One greenhouse rents for $2,400/month, and five additional greenhouses bring in $5,500/month. Perfect for a startup propagation business, flower production, or continued rental income, with new Multiva 6Mmil multiyear poly available for installation prior to completion. Located on a quiet no-through street with 340 ft of frontage and a wide, truck-friendly paved driveway.

Location

Province BC

Community Salmon River

Area Langley

Zoning RU-1

Rooms

Other Rooms Kitchen, Living Room, Loft, Bedroom, Bedroom, Bedroom, Kitchen, Living Room, Bedroom, Bedroom

Kitchen 2

Interior

Heating Baseboard,Hot Water

Flooring Mixed

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Washer/Dryer,Dishwasher,Refrigerator,Stove

Exterior

Utilities Available Electricity Connected,Natural Gas Connected,Water Connected

View Y/N No

Roof Type Asphalt

Porch Patio,Deck

Building

Lot Description Private

Story 1

Foundation Concrete Perimeter

Sewer Septic Tank

Water Well Drilled

Others

Ownership Freehold NonStrata

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