About this House in Chilliwack Proper East
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 pot…ential 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.
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.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef for your convenience.
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.
More Details
- MLS®: R3072173
- Bedrooms: 5
- Bathrooms: 2
- Type: House
- 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
More About Chilliwack Proper East, Chilliwack
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Postal Code: V2P 1W9
