423-425 East 2ND Street, North Vancouver - Multi-family for Sale

Description

A versatile opportunity in Lower Lonsdale offering immediate rental income, vacant possession on one side: longer-term redevelopment potential. This side-by-side, two-level duplex sits on a 50' x 120' lot with sunny southern exposure, city & water views, lane access & an exceptionally convenient location. Each side offers 3 bedrooms & 2.5 bathrooms, along with private outdoor space & parking. 423 is currently rented at $2,300 per month to a long-term tenant, while 425 is vacant - creating flexibility for an owner-occupier, extended family, investor or buyer looking to renovate & reposition the property. Built in 2000 & well maintained, the property includes a detached garage, additional parking pads, garden & deck space. For buyers looking further ahead, the property has historically been zoned RG-3 and designated for ground-oriented residential development. Buyers interested in redevelopment should independently confirm current zoning, density & development potential with the City of North Vancouver. (id:66096)

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