House for sale
46420 First Avenue, Chilliwack Proper East, Chilliwack
$1,379,800
Features
Style
Two Storey
Year Built
1973
Floor Area
2,580 sqft
Lot Size
11,040 sqft
Lot Frontage
80 ft
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Exterior Features
Garden
Fireplace Features
Other
Other Structures
Workshop Attached
Parking Features
Additional Parking, Front Access, Side Access
Parking Spaces
6
View
Mountain
Property Taxes
$3,257 (2025)
Description
Developer Alert: Multi-Family Future Subdivision Potential! This property offers a flexible investment opportunity, currently serving as a rental, with the potential to acquire five additional properties beside it and transform the site into a 40-unit townhouse complex, or simply hold as land in a rapidly developing neighborhood. Located in Chilliwack Proper East, this rare high-yield investment features a large 11,040 sq ft lot with 80 ft of frontage. The 3-bedroom (with potential for 5 bedrooms), 2-bathroom home is currently generating $3,000/month in rental income, providing immediate cash flow along with significant development upside. Don’t miss out on this exceptional opportunity!
MLS® Number R3072173
Price History
| Date | Status | Price |
|---|---|---|
| Oct, 29, 2017 | Sold | $515,000 |