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9287-9287 ARMITAGE STREET|Chilliwack Proper East, Chilliwack | $838,000

Rarely available investment property with side by side 4 bedrooms 2 baths duplexes! Both side tenanted, and 1 side got fully renovated in 2023. Centrally located in a quiet neighborhood, close to the downtown core of Chilliwack and all amenities, steps to Armitage Park, shops, restaurants, and all level of schools. Corner lot with huge frontage. R1-A zoned for Condo/Townhouse, check city for future development plan. Showing by appointment only. Separate hydro meter, Tenants pay all utilities and maintenance, Landlord pays property tax only. Current cap rate 4.54%.

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Description

Rarely available investment property with side by side 4 bedrooms 2 baths duplexes! Both side tenanted, and 1 side got fully renovated in 2023. Centrally located in a quiet neighborhood, close to the downtown core of Chilliwack and all amenities, steps to Armitage Park, shops, restaurants, and all level of schools. Corner lot with huge frontage. R1-A zoned for Condo/Townhouse, check city for future development plan. Showing by appointment only. Separate hydro meter, Tenants pay all utilities and maintenance, Landlord pays property tax only. Current cap rate 4.54%.

General Info

MLS Listing ID: R3165757 Bedrooms: 4 Bathrooms: 2 Year Built: 1957
Parking: Detached Garage Heating: Forced air Lotsize: 8140 sqft Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Crawl space

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .