6340 No. 1 Road, Richmond Listing #: R3174035
$1,958,000
6 Beds
3 Baths
2,566 Sqft
10,642 Lot SqFt
1953 Built
RARE DEVELOPMENT OPPORTUNITY IN WEST RICHMOND! Exceptional 10,642 sq.ft. rectangular lot with 67.7 ft frontage, directly beside Thompson Elementary Park. Potential to build TWO DETACHED HOMES with a combined floor area of approx. 5,846 sq.ft. (2,923 sq.ft. each). Each home could include a legal secondary suite, offering up to FOUR living units, subject to City approval. Existing home features 3 beds/2 baths upstairs and 3 beds/1 bath downstairs, with separate kitchens, generating nearly $5,000/month in rental income. Excellent holding property with outstanding redevelopment potential. Close to schools, shopping and transit. Build, invest or hold! Buyer to verify development potential with City of Richmond.
Taxes (2025): $6,149.85
Amenities
- Garden
- Private Yard
- In Unit
Features
- Washer
- Dryer
- Dishwasher
- Refrigerator
- Stove
Site Influences
- Garden
- Private Yard
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Listed By: eXp Realty
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