Best 50 Lot value in Kits! Perfect opportunity to own larger lot in prime Kits location. Restore, renovate, or build your dream home with this 2200 sf character 1922 home on 49.42×106.75 RT-7 zoned lot. Priced to sell below assessed value (developer unloading excess lots at greatly discounted pricing). This 5 bedroom, 2 bathroom home is livable with some TLC and has previously generated approx $3400/mo revenue ($2000 up/$1400 down). Developers DP and drawings for duplex project available to new owner if desired. Development Permit available for 3200 sq.ft. duplex. Excellent location, one block to West Broadway strip and 4 blocks to W 4th Ave shopping strip, close to beach, UBC and downtown. View photos at www.kitsilanohouses.com and call for a private viewing.