1618 Richardson St, Victoria, British Columbia

About 1618 Richardson St

Investors and Developers Alert! Exceptional holding property with immediate revenue or prime development potential under Missing Middle on a rare 70-foot-wide frontage lot on the Rockland/Fairfield border. This versatile 5-bed, 2-bath home is ideal as a high-yield investment or flexible multi-generational property. Live upstairs while using the lower level as a mortgage helper. Enjoy a stunning, park-like backyard offering a peaceful outdoor oasis. Alternatively, take advantage of steady rental income while finalizing development plans for this expansive parcel. Currently tenanted, generating $4,900 per month. The adjacent property at 1622 Richardson is also available. Together, the two properties offer approximately 145 feet of combined frontage and 23,584 sq.ft. of land. Situated in a prime central location minutes from transit, bike corridors, and local amenities, this is an unmatched opportunity for holding, land assembly, or future development. (id:6289)

More Info on this Rockland House MLS® listing

1618 Richardson St is a house listing for sale in Victoria. The MLS® number is 1047844. It was built in 1956, features 5 bedrooms, 2 bathrooms and covers 2,296 square feet. It's currently listed for $1,349,900. For more details on MLS® 1047844, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This house listing in Rockland is available now!

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