9133 School Street, Chilliwack, British Columbia V2P 4L3

INVESTOR ALERT!!! This well maintained 6-unit, two-storey apartment building offers expansive floorplans, countless capital improvements and substantial rental upside upon tenant turnover. Boasting five one bedroom units and one two bedroom unit; each includes one parking stall, storage locker and either a balcony or expansive patio. The Property is ideally located in downtown Chilliwack in an amenity-rich and employment-centric neighborhood offering an investor stable cash flow in a supply-constrained market. Directly adjacent to the South Gate Shopping Centre and steps from Chilliwack General Hospital, and close to district 1881. The Property's current rents are below market offering a purchaser the opportunity to further increase income on natural tenant turnover * PREC - Personal Real Estate Corporation (id:27476)

Attention Investors! An excellent opportunity awaits with this meticulously maintained two-storey apartment building consisting of six units. The property features spacious floor plans, numerous capital improvements, and the potential for increased rental income when tenants vacate. The building comprises five one-bedroom units and one two-bedroom unit, each equipped with a parking space, storage locker, and either a balcony or a large patio.

Conveniently situated in downtown Chilliwack, this property is located in a neighborhood abundant with amenities and employment opportunities, making it an attractive investment for stable cash flow in a market with limited supply. Its proximity to the South Gate Shopping Centre, Chilliwack General Hospital, and district 1881 adds to its appeal.

Currently, the property's rental rates are below market value, presenting the buyer with the potential to increase income as tenants naturally move out. This property is listed for sale and offers a land size of 0.17 acres. Its address is 9133 School Street in Chilliwack, British Columbia, with a postal code of V2P4L3.