* PREC - Personal Real Estate Corporation. Attention investors, first-time homebuyers, and developers! This house is situated on two city lots, offers endless potential and numerous development options thanks to its RM4 zoning and convenient lane access from behind. With the potential to build a multifamily building or separate single-family houses on each lot (buyer to verify), the possibilities are vast. Upstairs, you'll find a spacious two-bedroom, one-bath unit with a generous living room and kitchen. Downstairs features a one-bedroom suite, perfect for generating rental income. With some care and renovation, this property can be restored to its former glory, making it a positive cash flow investment. Listed below. (All measurements are approx. Lot size taken from BC Assessment.  Buyer to verify themselves if deemed important. (id:54626)

1942 Upland St