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$2,699,000

25794 38 AVENUE

Langley BC V4W 2R4 - Salmon River
5 bd
3.5 ba
2,557 sqft
Built 1977

About This Property

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.

Features

Open
RV Access/Parking
Asphalt
Room measurements10 rooms
KitchenMain · 12'11 × 12'4
Living RoomMain · 10'8 × 14'3
LoftMain · 9'5 × 11'8
BedroomMain · 19'5 × 10'3
BedroomAbove · 11'7 × 15'1
BedroomAbove · 10'11 × 11'9
KitchenMain · 14' × 15'8
Living RoomMain · 14'5 × 22'7
BedroomAbove · 13'2 × 15'1
BedroomAbove · 10'1 × 15'

Property Details

MLS NumberR3015054
Property TypeSingle Family Residence
Bedrooms5
Bathrooms3.5
Square Feet2,557
Lot Size217,800 sqft
Year Built1977
HeatingBaseboard, Hot Water
StatusClosed
Listed ByB.C. Farm & Ranch Realty Corp.

School Catchment

Elementary North Otter
Secondary D.W. Poppy

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