46167 Cleveland Avenue, Chilliwack Listing #: R2686952

$1,849,000
5 Beds
4 Baths
1,840 Sqft
9,471 Lot SqFt
1953 Built


Investor Alert: over $43,000 in annual gross rents here with a potential for more! Great investment property . 4 plex with 3 one bedroom units and 1 two bedroom unit with a shared laundry and individual hydro-meter. Very easy to manage, lots of upgrades done to the property to ensure seamless investing! New Hot water tank. Decent sized detached out build could be used for storage or given to a unit for additional rent. Property must be purchased with neighbouring properties 46153 Cleveland Ave. This property is just across the street from shopping and public transit and a short walk to great schools of all levels. Official community plans already support low rise apartments or attached housing in this area, and the total land amount has potential for approximately 30 condo units.
Taxes (2021): $3,381.50
Amenities
  • In Suite Laundry
  • Shared Laundry
Site Influences
  • Central Location
  • Recreation Nearby
  • Shopping Nearby

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MLS Reciprocity

Listed By: Sutton Group-West Coast Realty

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