- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8061099
- Build. Type:
- Low Rise (2-4 stories)
- Photos (19)
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The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire a tastefully renovated and immaculately maintained, 11-unit apartment building, centrally located in the Historic Downtown of Abbotsford. With 8 of the 11 units having been renovated to condo quality, the opportunity offers investors incredible upside on the current below market rents, with minimal requirement for further renovation upon turnover. The strategic and central location provides immediate proximity to McCallum Road and South Fraser Way and a favourable designation under the Historic Downtown Neighborhood Plan for medium density, mixed-use redevelopment.
- Sale Type:
- Asset
- Construction:
- Wood Frame
- Building Type:
- Low Rise (2-4 stories)
- Name of Complex/Subdivision:
- Signup
- # Other Units:
- Signup
- # of Appartments:
- 11
- # of 1 Bedroom Appartments:
- 10
- # of 3 Bedroom Appartments:
- 1
- # Storeys:
- 2.0
- Year built:
- 1962 (Age: 62)
- Total Floor Area:
- 6,380 sq. ft.
- Lot Area:
- 8,010 sq. ft.
- Lot Depth:
- 70
- Lot Frontage:
- 115'
- Land Use/Zoning:
- RML
- Permitted Use:
- Multifamily (5+)
- Taxes:
- $6,647 / 2024
- Laundry Facility, Outside Storage
- Water Supply:
- Municipal
- HVAC:
- Baseboard, Electric
- Roof:
- Signup
- Sewer Septic:
- Municipal/Community
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- No
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Listed by Marcus & Millichap
Data was last updated November 21, 2024 at 08:10 AM (UTC)
- Jean Seguin
- RE/MAX Real Estate Services
- 7787852135
- sales@vancouvercommercialbrokers.ca
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