46420 First Avenue, Chilliwack Listing #: R3072173
$1,379,800
5 Beds
2 Baths
1,400 Sqft
11,040 Lot SqFt
1973 Built
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!
Taxes (2025): $3,257.70
Amenities
- Garden
- Workshop Attached
Features
- Washer
- Dryer
- Dishwasher
- Refrigerator
- Stove
Site Influences
- Garden
- Central Location
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Listed By: Royal LePage Global Force Realty
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