2294 Mckenzie Rd, Abbotsford, BC V2S 3Z8
- $2,980,000
- 8
- BD
- 8
- BA
- 3,920
- SqFt
- List Price
- $2,980,000
- Status
- ACTIVE
- MLS® #
- R3162704
- Year Built
- 1954
- Subtype
- Other
- Style
- Other
- Stories
- 1
- Bedrooms
- 8
- Total baths
- 8
- Living Area
- 3,920
- Area
- Abbotsford
- Community
- Central Abbotsford
Property Description
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.
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Additional Information
- Lot Size
- 25,000
- Site Influences
- Central Location, Cul-De-Sac, Recreation Nearby, Wooded
- Acres
- 0.57
- Region
- Abbotsford
- Title To Land
- Freehold NonStrata
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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.