1618 Richardson St is a 5 bed, 2 bath Single Family Residence listed at $1,349,900 in Rockland, Victoria. Built in 1956. 2,296 sqft of living space. 5 days on market. Listed by Fair Realty. MLS® 1047844.
$1,349,900 · Single Family Residence · 5 bed · 2 bath · 2,296 sqft · MLS® 1047844
Investors and Developers Alert! Exceptional holding property with immediate revenue or prime development potential under Missing Middle on a rare 70-foot-wide frontage lot on the Rockland/Fairfield border. This versatile 5-bed, 2-bath home is ideal as a high-yield investment or flexible multi-generational property. Live upstairs while using the lower level as a mortgage helper. Enjoy a stunning, park-like backyard offering a peaceful outdoor oasis. Alternatively, take advantage of steady rental income while finalizing development plans for this expansive parcel. Currently tenanted, generating $4,900 per month. The adjacent property at 1622 Richardson is also available. Together, the two properties offer approximately 145 feet of combined frontage and 23,584 sq.ft. of land. Situated in a prime central location minutes from transit, bike corridors, and local amenities, this is an unmatched opportunity for holding, land assembly, or future development.
Flooring: Tile, Wood
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