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:58426)
| MLS® Number | R3072173 |
| Property Type | Single Family |
| Structure | Workshop |
| ViewType | Mountain View |
| BathroomTotal | 2 |
| BedroomsTotal | 5 |
| Appliances | Washer, Dryer, Refrigerator, Stove, Dishwasher |
| BasementDevelopment | Partially Finished |
| BasementType | Unknown (partially Finished) |
| ConstructedDate | 1973 |
| ConstructionStyleAttachment | Detached |
| FireplacePresent | Yes |
| FireplaceTotal | 2 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1400 Sqft |
| Type | House |
| Acreage | No |
| SizeFrontage | 80 Ft |
| SizeIrregular | 11040 |
| SizeTotal | 11040 Sqft |
| SizeTotalText | 11040 Sqft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Living Room | 23 ft | 13 ft | 23 ft x 13 ft |
| Lower Level | Bedroom 4 | 16 ft | 11 ft | 16 ft x 11 ft |
| Lower Level | Bedroom 5 | 12 ft | 12 ft | 12 ft x 12 ft |
| Lower Level | Den | 11 ft | 11 ft | 11 ft x 11 ft |
| Main Level | Living Room | 17 ft | 13 ft | 17 ft x 13 ft |
| Main Level | Dining Room | 10 ft | 10 ft ,9 in | 10 ft x 10 ft ,9 in |
| Main Level | Primary Bedroom | 13 ft | 13 ft | 13 ft x 13 ft |
| Main Level | Bedroom 2 | 11 ft | 10 ft ,9 in | 11 ft x 10 ft ,9 in |
| Main Level | Bedroom 3 | 10 ft | 10 ft | 10 ft x 10 ft |
| Main Level | Kitchen | 10 ft | 10 ft | 10 ft x 10 ft |
| Main Level | Laundry Room | 6 ft | 8 ft | 6 ft x 8 ft |
https://www.realtor.ca/real-estate/29167312/46420-first-avenue-chilliwack-proper-east-chilliwack
Contact us for more information
Hamed Yayah
Personal Real Estate Corporation
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