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! (id:51532)
| Property Summary |
|---|
| Building |
|---|
| Level | Rooms | Dimensions |
|---|---|---|
| Lower level | Living room | 23 ft x 13 ft |
| Bedroom 4 | 16 ft x 11 ft | |
| Bedroom 5 | 12 ft x 12 ft | |
| Den | 11 ft x 11 ft | |
| Main level | Living room | 17 ft x 13 ft |
| Dining room | 10 ft x 10 ft ,9 in | |
| Primary Bedroom | 13 ft x 13 ft | |
| Bedroom 2 | 11 ft x 10 ft ,9 in | |
| Bedroom 3 | 10 ft x 10 ft | |
| Kitchen | 10 ft x 10 ft | |
| Laundry room | 6 ft x 8 ft |
| Features | |||||
|---|---|---|---|---|---|
| Washer | Dryer | Refrigerator | |||
| Stove | Dishwasher | ||||