+15 more
5,830 sqft
Living Area
0.18 ac
Lot
1957
Year Built
5
Parking
About This Property
This multi-family in Chilliwack offers 5,830 sqft of living area on a 0.18 ac lot. Built in 1957. The property has lot dimensions of 0.18. Highlights include a 5-car garage.
MLS Remarks
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:60351)
Overview
Property Typeresidential
Sub-Typemulti-family
Transactionsale
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