About this Business in Central Abbotsford
RARE INVESTMENT & DEVELOPMENT OPPORTUNITY! Situated on a 25,000 sq. ft. lot with approx. 250 ft. of frontage, this property offers income today with future upside. Currently improved with 8 one-bedroom rental units generating approx. $10,000/month gross income. A conceptual 6-lot subdivision and servicing plan has been prepared, offering exciting future development potential. Hold and collect revenue while exploring redevelopment possibilities. Buyer to verify development pot…ential and requirements with the City of Abbotsford.
Listed by RE/MAX Magnolia/Royal LePage Little Oak Realty.
RARE INVESTMENT & DEVELOPMENT OPPORTUNITY! Situated on a 25,000 sq. ft. lot with approx. 250 ft. of frontage, this property offers income today with future upside. Currently improved with 8 one-bedroom rental units generating approx. $10,000/month gross income. A conceptual 6-lot subdivision and servicing plan has been prepared, offering exciting future development potential. Hold and collect revenue while exploring redevelopment possibilities. Buyer to verify development potential and requirements with the City of Abbotsford.
Listed by RE/MAX Magnolia/Royal LePage Little Oak 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®: R3162704
- Bedrooms: 8
- Bathrooms: 8
- Type: Business
- Square Feet: 3,920 sqft
- Lot Size: 25,000 sqft
- Frontage: 250.00 ft
- Full Baths: 8
- Half Baths: 0
- Taxes: $13323.11
- Parking: Garage Double, Front Access (6)
- Basement: None
- Storeys: 1 storeys
- Year Built: 1954
- Style: Other
Walkscore Of This Listing
More About Central Abbotsford, Abbotsford
latitude: 49.043614
longitude: -122.28433
Postal Code: V2S 3Z8
