2294 MCKENZIE ROAD

$2,980,000

2294 MCKENZIE ROAD

Abbotsford, BC

Type
Other
Status
Active
Bedrooms
8
Bathrooms
8
Living area
3,920 sqft
Year built
1954
MLS®
R3162704

About this property

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. (id:66946)

Features

othergarage

Listing courtesy of RE/MAX Magnolia. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.