Listing Details for 260 Petersen Rd, Campbell River - MLS® #895369

Property Description

Whether you are shopping for development, a holding property, investment or your own home this unique opportunity is a must see. 1 acre property offering many possibilities particularly since it has multi family zoning. It could be great for a family purchase with both the main home plus a 672 sq ft 2 bedroom cottage. Another additional dwelling is also permitted. Consider a joint investment for your family and hold for the future. The main home is a 1321 sq ft 3 bedroom rancher which has had significant updates in the recent past, including new windows, new kitchen, new bathroom, heat pump, insulation, siding and more. The cottage could be a mortgage helper, plus there is RV hookup which gives additional potential income. This is a great opportunity for a developer who is looking to create new housing to meet the current demand as it provides for the development of low to medium-rise residences in multi family complexes. There are recently completed projects in the vicinity, so we know the city is amenable to these developments. These types of properties rarely come along and now is the time to act. (id:8145)