Multi-family for sale
33654 Homeview Street, Central Abbotsford, Abbotsford
$3,900,000
$3,900,000
Multi-family for sale
33654 Homeview Street, Central Abbotsford, Abbotsford
Features
Year Built
1962
Floor Area
6,380 sqft
Lot Size
8,010 sqft
Gross Property Tax
$6,647 /year
Building Type
Low Rise (2-4 storeys)
Zoning
RML
# of Parking Spaces
3
Subject Property Width
115 ft
Subject Property Depth
70 ft
Amenities
Laundry Facility, Outside Storage
Suite Mix Information
10 x 1 ½, 1 x 3 ½
Description
The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire a tastefully renovated and immaculately maintained, 11-unit apartment building, centrally located in the Historic Downtown of Abbotsford. With 8 of the 11 units having been renovated to condo quality, the opportunity offers investors incredible upside on the current below market rents, with minimal requirement for further renovation upon turnover. The strategic and central location provides immediate proximity to McCallum Road and South Fraser Way and a favourable designation under the Historic Downtown Neighborhood Plan for medium density, mixed-use redevelopment.
MLS® Number C8061099