2294 Mckenzie Road, Central Abbotsford, Abbotsford (R3162704)

2294 Mckenzie Road

Central Abbotsford, Abbotsford

Business

8 Bedrooms

8 Bathrooms

Size: 3,920 sqft

Built in 1954

$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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