Multi Family
33941 ESSENDENE Avenue
Central Abbotsford
Abbotsford
V2S 2J1
$6,000,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8061599
- Build. Type:
- Freestanding
- Photos (30)
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Discover a prime investment opportunity featuring a well-maintained 25-unit low-rise rental property with redevelopment potential. This income-generating asset includes a mix of studio, 1, 2, and 3-bedroom units strategically located in a high-demand area, ensuring stable returns and long-term growth potential. With a designation of 2.0 FSR in the Urban 1 Midrise zone, this property allows for 6 stories to be built with a total of 105,414 of buildable SF. Many of the units will have unobstructed east-facing views!
- Sale Type:
- Asset
- Construction:
- Wood Frame
- Building Type:
- Freestanding, Low Rise (2-4 stories)
- Name of Complex/Subdivision:
- Signup
- # Units:
- 25
- # Other Units:
- Signup
- # of Appartments:
- 25
- # of Studio Appartments:
- 0
- # of Penthouse Appartments:
- 0
- # of Bachelor Appartments:
- 0
- # of 4+ Bedroom Appartments:
- 0
- # of 1 Bedroom Appartments:
- 0
- # of 2 Bedroom Appartments:
- 25
- # of 3 Bedroom Appartments:
- 0
- # Storeys:
- 3.0
- Year built:
- 1965 (Age: 59)
- Total Floor Area:
- 20,000 sq. ft.1,858.06 m2
- Lot Area:
- 1.21 acre(s)0.49 hectare(s)
- Land Use/Zoning:
- RML
- Taxes:
- $21,132.28 / 2023
- Services Connected:
- Electricity, Fully Serviced, Garbage Collection, Sanitary Sewer, Sewer - Storm
- Water Supply:
- Municipal
- Roof:
- Signup
- Sewer Septic:
- Municipal/Community
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- No
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Listed by The Firm Real Estate Services Ltd.
Data was last updated November 3, 2024 at 06:10 PM (UTC)
- Bruce Long CCIM, FRI, PREC
- MACDONALD COMMERCIAL R.E.SERV.
- 1 (604) 3122000
- Contact by Email
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