
Courtesy of: Chris Hayne, CRE Investment & Developm, Royal LePage Sussex
$1,740,000
|
5,830 square feet
|
|
Multi-family
|
$1,740,000
9452 FLETCHER STREET, Chilliwack Proper East Summerwind Apartments offers investors an excellent opportunity to acquire an 8-unit building with consistent rental history. Situated on a 7, 841 square foot corner lot in a highly desirable central location; close to local amenities, transportation and shopping. Built in 1957, this well-maintained building offers a significant 55% upside on rents with tenant turnover in an area experiencing low vacancy rates. Complete with a newly constructed, tastefully built-out, 2-bedroom unit, that is ready for immediate rent-up. The property has been continually upgraded and maintained, ensuring long-term sustainability and minimizing overall deferred maintenance. This compelling investment is a solid choice for investors seeking strong returns and long-term growth. (id:203)