2294 Mckenzie Road Abbotsford, British Columbia

MLS^®: R3162704

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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.

Listing Information

Prop. Type:: Other

Property Style:: Other

Status:: Active

City:: Abbotsford

Bedrooms:: 8

Full Bathrooms:: 8

Neighborhood:: Central Abbotsford

Area:: Abbotsford

Province:: British Columbia

MLS^® Number:: R3162704

Listing Price:: $2,980,000

Taxes:: $13,323

General Information

Year Built:: 1954
Lot Size (sqft):: 25000.0 ft²

Total Square Feet:: 3920ft²

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Location

Jim Beatty & Associates
Test brokerage
130-8191 Westminster Highway, Richmond, BC
Office: 403-607-5801
Mobile: 403-607-5801
Fax: 403-607-5801

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