22611 GILLEY ROAD, RICHMOND
22611 Gilley Road, Richmond
$2,000,000
Exceptional Development Opportunity on a 13,500 sq. ft. Lot with MULTIPLE OPTIONS!!! This property offers 2,632 square feet of living space and presents an incredible opportunity for developers, investors, or homeowners looking for short or long-term potential. The property is zoned RSM/M (Small-Scale Multi-Unit Housing), which allows for up to 6 units of redevelopment with a total developable area of 6,400 square feet. Alternatively, there is excellent subdivision potential, as the property can be divided into two single-family lots either equally down the middle to create two 55’ by 122’ lots, or in a custom configuration, where one lot is wider than the other. Furthermore, one could keep the current home and add additional dwellings! All are Attractive Options!!!
PRICE:$2,000,000
BEDROOMS:5
BATHROOMS:2
PARKING:0
YEAR BUILT:1972
FLOOR AREA:2,632 sqft
PRICE/SQ FT:$760
MAINT. FEES:$0
TAXES (2024):$5,909
MLS:R2962115
NEIGHBOURHOOD:Hamilton RI
NICHE:House/Single Family
Storage Shed
LISTED BY: Macdonald Commercial Real Estate Services Ltd. on January 31st 2025
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