Multi-family for sale
9133 School Street, Chilliwack Proper West, Chilliwack
$1,899,900
$1,899,900
Multi-family for sale
9133 School Street, Chilliwack Proper West, Chilliwack
Features
Year Built
1972
Floor Area
4,690 sqft
Lot Size
7,392 sqft
Gross Property Tax
$3,628.04 /year
Building Type
Low Rise (2-4 storeys)
Zoning
R6
# of Parking Spaces
6
Subject Property Width
66.5 ft
Subject Property Depth
111 ft
Amenities
Balconies, Laundry Facility, Fenced Yard
Suite Mix Information
5 x 1 ½, 1 x 2 ½
Total no. of Units
6
Description
INVESTOR ALERT!!! This well maintained 6-unit, two-storey apartment building offers expansive floorplans, countless capital improvements and substantial rental upside upon tenant turnover. Boasting five one bedroom units and one two bedroom unit; each includes one parking stall, storage locker and either a balcony or expansive patio. The Property is ideally located in downtown Chilliwack in an amenity-rich and employment-centric neighborhood offering an investor stable cash flow in a supply-constrained market. Directly adjacent to the South Gate Shopping Centre and steps from Chilliwack General Hospital, and close to district 1881. The Property's current rents are below market offering a purchaser the opportunity to further increase income on natural tenant turnover
MLS® Number C8056783