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. (id:4069)
Address
2294 MCKENZIE ROAD
List Price
$2,980,000
Property Type
Other
Style of Home
Other
Transaction Type
Sale
Area
British Columbia
Sub-Area
Abbotsford
Bedrooms
8
Bathrooms
8
Floor Area
3,920 Sq. Ft.
Lot Size
25000 Sq. Ft.
MLS® Number
R3162704
Listing Brokerage
RE/MAX Magnolia
| Royal LePage Little Oak Realty
Basement Area
None (Unknown)
Postal Code
V2S3Z8
Ownership
Freehold
Parking Places (Total)
6
Amenities
Shared Laundry
Heat Source
Natural gas
Water Source
Municipal water
Sewer
Sanitary sewer
