2294 Mckenzie Rd, Abbotsford, BC V2S 3Z8

$2,980,000
1
BD
1
BA
3,920
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,980,000
Status
ACTIVE
MLS® #
R3162704
Year Built
1954
Subtype
Other
Style
Other
Stories
1
Bedrooms
1
Total baths
1
Living Area
3,920
Area
Abbotsford
Community
Central Abbotsford

Property Description

Investor & Development Opportunity! 25,000 square foot lot located in Central Abbotsford! Currently operating as an 8-plex, one-level rental building with eight 1-bedroom units and shared laundry, generating approximately $10,000/month in rental income. A strong holding property with potential for future subdivision into approximately 5–6 building lots, offering excellent long-term upside. Generate income today while exploring the development possibilities tomorrow!

Additional Information

Lot Size
25,000
Site Influences
Central Location, Cul-De-Sac, Recreation Nearby, Wooded
Acres
0.57
Region
Abbotsford
Title To Land
Freehold NonStrata

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of

board logo

NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.