2294 Mckenzie Road, Abbotsford, British Columbia

$2,980,000

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8

Beds

8

Baths

3,920

Square feet

0.57

Acres

About 2294 Mckenzie Road

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:36535)

Features of 2294 Mckenzie Road

Listing # R3162704
Price $2,980,000
Bedrooms 8
Bathrooms 8.00
Square Footage 3,920
Acres 0.57
Year Built 1954
Type Other
Sub-Type Freehold
Style Other

Community Information

Address 2294 Mckenzie Road
City Abbotsford
Province British Columbia
Postal Code V2S3Z8

Amenities

Amenities Shared Laundry
Utilities Electricity, Water
Parking Spaces 6
Parking Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Natural gas
Fireplace No
Has Basement Yes
Basement Type None (Unknown)
Basement Development Unknown

Listing Details

OfficeCourtesy Of RE/MAX Magnolia

Listing Map