2405 Richmond Road SW

HOLD AS A CASH FLOW RENTAL PROPERTY WITH A STRONG APPRECIATION POTENTIAL AS A FUTURE DEVELOPMENT SITE! This illegally SUITED BUNGALOW with A SUNNY WEST FACING BACKYARD is the perfect investment property located in Richmond with R-C2 ZONING. MATURE TREES and EASY ACCESS TO DOWNTOWN, TRANSIT AND SHOPPING make this a much sought-after community. Spacious and bright this bungalow offers 2 RENTAL OPPORTUNITIES with SEPARATE ENTRANCES and already has tenants that wish to stay, making your job as a landlord that much easier! The main floor features a sunshine bathed living and dining room, a neutral white kitchen with tons of cabinets, a breakfast nook with access to the covered deck. With 3 SPACIOUS BEDROOMS, CLOSE TO SCHOOLS and having a SECLUDED YARD, it is ideal for a young family. The basement is private from the upstairs with its own entrance, making it optimal for another rental suite (illegal) and giving you the convenience of having two rental properties in one. This level is home to a common laundry room and the illegal suite boasts a large neutral kitchen, an inviting family room and 2 BEDROOMS. Upgrades include a new electrical panel, roof shingles only 6 years old and the hot water tank was replaced 5 years ago. Located in an UNBEATABLE INNER-CITY LOCATION that is close to DOWNTOWN, SCHOOLS, TRANSIT, PARKS, WALKING PATHS, TRENDY MARDA LOOP AND THE RICHMOND GOLF COURSE.