2294 Mckenzie Road, Central Abbotsford, Abbotsford (R3162704)

Just Listed

2294 Mckenzie Road

Central Abbotsford, Abbotsford

8 Bedrooms

8 Bathrooms

Garage Double, Front Access (6) Parking

Garage Double, Front Access (6)

3,920 sqft

$2,980,000

Browse Photos

About this Business in Central Abbotsford

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 pot…ential and requirements with the City of Abbotsford.
Listed by RE/MAX Magnolia/Royal LePage Little Oak Realty.

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.

Listed by RE/MAX Magnolia/Royal LePage Little Oak Realty.

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Disclaimer: 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.