$1,379,800
About this House
Developer Alert: Multi-Family Future Subdivision Potential! This property offers a flexible investment opportunity, currently serving as a rental, with the potential to acquire five additional properties beside it and transform the site into a 40-unit townhouse complex, or simply hold as land in a rapidly developing neighborhood. Located in Chilliwack Proper East, this rare high-yield investment features a large 11,040 sq ft lot with 80 ft of frontage. The 3-bedroom (with potential for 5 bedrooms), 2-bathroom home is currently generating $3,000/month in rental income, providing immediate cash flow along with significant development upside. Don’t miss out on this exceptional opportunity!
Listed by Royal LePage Global Force Realty.
Browse PhotosFeatures
- MLS®: R3072173
- Type: House
- Bedrooms: 5
- Bathrooms: 2
- Square Feet: 1,400 sqft
- Lot Size: 11,040 sqft
- Frontage: 80.00 ft
- Full Baths: 1
- Half Baths: 1
- Taxes: $3257.7
- Parking: Additional Parking, Front Access, Side Access (6
- View: Mountain
- Basement: Partially Finished
- Storeys: 2 storeys
- Year Built: 1973
Contact Brian to inquire about this House!
778.829.1105
Photos
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Disclaimer: This
representation is based in whole or in part on data generated by the Chilliwack
& District Real Estate Board, Fraser Valley Real Estate Board or Real Estate
Board of Greater Vancouver which assumes no responsibility for its accuracy.