46420 First Avenue, Chilliwack Proper East

1,400 ft²

5
Beds

2
Baths

Developer Alert: Multi-Family Future Subdivision Potential! This property offers a flexible investment opportunity, currently serving as a rental, with the potential to acquire five additional properties beside it and transform the site into a 40-unit townhouse complex, or simply hold as land in a rapidly developing neighborhood. Located in Chilliwack Proper East, this rare high-yield investment features a large 11,040 sq ft lot with 80 ft of frontage. The 3-bedroom (with potential for 5 bedrooms), 2-bathroom home is currently generating $3,000/month in rental income, providing immediate cash flow along with significant development upside. Don't miss out on this exceptional opportunity! (id:45055)

• Property Details

  MLS® Number	R3072173
  Property Type	Single Family
  Structure	Workshop
  ViewType	Mountain View

• Building

  BathroomTotal	2
  BedroomsTotal	5
  Appliances	Washer, Dryer, Refrigerator, Stove, Dishwasher
  BasementDevelopment	Partially Finished
  BasementType	Unknown (partially Finished)
  ConstructedDate	1973
  ConstructionStyleAttachment	Detached
  FireplacePresent	Yes
  FireplaceTotal	2
  HeatingFuel	Natural Gas
  HeatingType	Forced Air
  StoriesTotal	2
  SizeInterior	1,400 Ft2
  Type	House

• Land

  Acreage	No
  SizeFrontage	80 Ft
  SizeIrregular	11040
  SizeTotal	11040 Sqft
  SizeTotalText	11040 Sqft

• Rooms

  Level	Type	Length	Width	Dimensions
  Lower Level	Living Room	23 ft	13 ft	23 ft x 13 ft
  Lower Level	Bedroom 4	16 ft	11 ft	16 ft x 11 ft
  Lower Level	Bedroom 5	12 ft	12 ft	12 ft x 12 ft
  Lower Level	Den	11 ft	11 ft	11 ft x 11 ft
  Main Level	Living Room	17 ft	13 ft	17 ft x 13 ft
  Main Level	Dining Room	10 ft	10 ft ,9 in	10 ft x 10 ft ,9 in
  Main Level	Primary Bedroom	13 ft	13 ft	13 ft x 13 ft
  Main Level	Bedroom 2	11 ft	10 ft ,9 in	11 ft x 10 ft ,9 in
  Main Level	Bedroom 3	10 ft	10 ft	10 ft x 10 ft
  Main Level	Kitchen	10 ft	10 ft	10 ft x 10 ft
  Main Level	Laundry Room	6 ft	8 ft	6 ft x 8 ft

• Utilities