- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8066248
- Build. Type:
- Mul Tenant/MultiPlex (5+)
- Photos (5)
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INVESTORS ALERT- Multifamily 12 units turn key apartment building available for sale. 4- two bedrooms units and 8 -one bedroom units. The Property is ideally located in downtown Chilliwack in an amenity-rich and employment-centric neighborhood offering an investor stable cash flow in a supply-constrained market. The Property has been well-maintained and features numerous building and suite upgrades including FRESH PAINT EXTERIOR, New sundeck railings and flooring, two units fully renovated. The Property's current rents are below market offering a purchaser the opportunity to further increase income on natural tenant turnover.
- Sale Type:
- Asset
- Property Type:
- Multi-Family Commercial
- Commercial Type:
- Multi Family
- Construction:
- Concrete, Frame Wood
- Num Storeys:
- 3
- Building Type:
- Mul Tenant/MultiPlex (5+)
- # Bldgs:
- 1
- # Units Total:
- 12
- # Other Units:
- 0
- # of Apartments:
- 12
- # of Studio Apartments:
- 0
- # of Penthouse Apartments:
- 0
- # of Bachelor Apartments:
- 0
- # of 4+ Bedroom Apartments:
- 0
- # of 1 Bedroom Apartments:
- 8
- # of 2 Bedroom Apartments:
- 4
- # of 3 Bedroom Apartments:
- 0
- Year built:
- 1973 (Age: 52)
- Living Area:
- 7,300 sq. ft.
- Subject Property Depth:
- 118'
- Subject Property Width:
- 74'
- Title to Land:
- Freehold
- Lot Area:
- 8,765 sq. ft.
- Zoning:
- R5
- # Of Parking Spaces - Total:
- 12
- Electricity:
- Yes
- Services Connected:
- Electricity Connected, Fully Serviced, Natural Gas Connected
- Sewer:
- Public Sewer, Storm Sewer
- Parcel Number:
- 006585116
- Taxes:
- $8,664.95 / 2024
- Laundry Facility
- No
- 1%
- # Elevators:
- 0
- Water Supply:
- Public
- Water Rights:
- No
- Cap Rate %:
- 0.0
- Gross Income:
- 0.0
- Oper. Expenses:
- 0.0
- Other Income:
- $0
- Effective Gross Income:
- $0
- Net Operating Income:
- $0
- Original Price:
- $4,300,000
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Listed by RE/MAX Select Properties
Data was last updated April 28, 2025 at 11:40 PM (UTC)
- Randy Lim
- RE/MAX Select Properties
- 604-737-8865
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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