Multi-family for sale
2172 McKenzie Road, Central Abbotsford, Abbotsford
$2,498,800
Features
Year Built
1990
Floor Area
7,200 sqft
Lot Size
14,298 sqft
Gross Property Tax
$9,786.21 /year
Building Type
Low Rise (2-4 storeys)
Zoning
RML
Amenities
Visitor Parking
Suite Mix Information
2 x 1 ½, 2 x 2 ½, 6 x Other
Financial Summary
$11,627
Description
Exceptionally rare opportunity to acquire a 10-unit apartment building in Abbotsford. Properties of this size and quality are seldom available, making this a compelling offering for investors seeking stable income with future upside. The building features a diverse and functional unit mix consisting of 1-bedroom, 1 bedroom+den, and 2 bedroom suites, appealing to a broad tenant base. Current rents are strong, with an additional upside through future rental increases, offering the potential to enhance long-term cash flow. Major capital improvements have already been completed, including a new roof installed in 2024, along with building envelope and fascia upgrades completed in Summer 2025, significantly reducing near-term capital expenditures. Located in a high-demand rental area of Abbotsford, this property represents an ideal opportunity for investors seeking a well-maintained multi-family asset with value-add potential.
MLS® Number C8074449