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2294 Mckenzie Road - MLS® # R3162704

Property Details


List Price
$2,980,000
Living Area
3,920 sqft.
Bedrooms
8
Bathrooms
8
Lot Size Area
25000.0 sqft
Taxes
13323.11
Type
Other
Style
Other
Basement
None
Year Built
1954

Description

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.

Listing Provided By

RE/MAX Magnolia

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 Real Estate Listing provided by
  • Macdonald Realty Langley
  • 201- 20334 56 Avenue
  • Langley, BC
  • V3A 3Y7