Summerwind Apartments offers investors an excellent opportunity to acquire an 8-unit building with consistent rental history. Situated on a 7,841 square foot corner lot in a highly desirable central location; close to local amenities, transportation and shopping. Built in 1957, this well-maintained building offers a significant 55% upside on rents with tenant turnover in an area experiencing low vacancy rates. Complete with a newly constructed, tastefully built-out, 2-bedroom unit, that is ready for immediate rent-up. The property has been continually upgraded and maintained, ensuring long-term sustainability and minimizing overall deferred maintenance. This compelling investment is a solid choice for investors seeking strong returns and long-term growth. (id:58426)
| MLS® Number | C8075790 |
| Property Type | Multi-family |
| ParkingSpaceTotal | 5 |
| ConstructedDate | 1957 |
| FireProtection | Security System |
| SizeInterior | 5830 Sqft |
| Acreage | No |
| SizeIrregular | 0.18 |
| SizeTotal | 0.18 Ac |
| SizeTotalText | 0.18 Ac |
https://www.realtor.ca/real-estate/29318467/9452-fletcher-street-chilliwack-proper-east-chilliwack
Contact us for more information
Chris Hayne
CRE Investment & Development Team
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