RARE INVESTMENT & DEVELOPMENT OPPORTUNITY! Situated on a 25,000 sq. ft. lot with approx. 250 ft. of frontage, this property offers income today with future upside. Currently improved with 8 one-bedroom rental units generating approx. $10,000/month gross income. A conceptual 6-lot subdivision and servicing plan has been prepared, offering exciting future development potential. Hold and collect revenue while exploring redevelopment possibilities. Buyer to verify development potential and requirements with the City of Abbotsford.
Multi-familyProperty Type
1954Year Built
0.57 acresLot Size
$760Price/Sq.Ft.
2 garage spacesParking
Listed by Faeine Grant - PREC• RE/MAX Magnolia
Listed by Parv Harry - PREC• Royal LePage Little Oak Realty