46420 First Avenue, Chilliwack

MLS®: R3072173
1400 Sq.Ft. 2 Baths 5 Beds 11,040 Lot SqFt 1973 Built

Description

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

Similar Listings

46811 YALE ROAD
Chilliwack
$1,380,000
5 bed, 1 bath
Nu Stream Realty Inc.
50945 SOPHIE CRESCENT
Chilliwack
$1,349,000
5 bed, 4 bath
Century 21 Creekside Realty (Luckakuck)
8476 FOREST GATE DRIVE
Chilliwack
$1,324,999
7 bed, 6 bath
Coldwell Banker Executives Realty
5902 GARRISON BOULEVARD
Chilliwack
$1,449,000
6 bed, 5 bath
Royal LePage Little Oak Realty
8555 FOREST GATE DRIVE
Chilliwack
$1,299,000
6 bed, 5 bath
Nationwide Realty Corp.
46334 VALLEYVIEW ROAD
Chilliwack
$939,900
5 bed, 3 bath
Century 21 Creekside Realty (Luckakuck)