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Abbotsford,BC V0V 0V0
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,380 sqft
Price per Sqft $611
Subdivision Central Abbotsford
MLS Listing ID C8061099
Year Built 1962
Annual Tax Amount $6,647
Tax Year 2024
Property Description
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.
Location
Province BC
Community Central Abbotsford
Area Abbotsford
Zoning British Columbia Default Zone
Exterior
Roof Type Torch On
Building
Dwelling Type Multi-Family Commercial
Story 2
Water Municipal
Structure Type Wood Frame