Patti Evans, Mission real estate: Chiliwack

46420 First Avenue - MLS® # R3072173

$1,379,800

Property Details


Living Area
1,400 sqft.
Bedrooms
5
Bathrooms
1 full, 1 half
Lot Size Area
11040.0 sqft
Taxes
3257.7
Type
Single Family Residence
Style
N/A
Basement
Partially Finished
Year Built
1973

Description

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!

Listing Provided By

Royal LePage Global Force Realty

Neighborhood Info

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CONTACT

 Real Estate Listing provided by
  • Name:
    Patti Evans
  • Phone:
    604.820.0555
  • Mobile:
    604.302.3822
  • Office Phone:
    604.820.0555
  • Toll-free:
    800.820.7577
  • Address
    • 33119 First Avenue
    • Mission, BC
    • V2V1G5