46420 FIRST AVENUE|Chilliwack Proper East, Chilliwack, British Columbia, CA

Address: 46420 FIRST AVENUE|Chilliwack Proper East, Chilliwack, British Columbia

5 Beds2 Baths1400 sqftStatus: Buy
Price $1,379,800

Property Overview


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)

 

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Property Summary
Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
1400 sqft
Title
Freehold
Land Size
11040 sqft
Built in
1973
Building
Bathrooms
Total
5
Interior Features
Appliances Included
Washer, Dryer, Refrigerator, Stove, Dishwasher
Basement Type
Unknown (Partially finished)
Building Features
Style
Detached
Square Footage
1400 sqft
Structures
Workshop
Heating & Cooling
Heating Type
Forced air
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
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Your Home Finance Calculation

Property Price CA $1,379,800
Bank Loan Amount CA $0
Monthly Installment CA $0

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