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:62865)
Status
Active
Year Built
1957
Parking Spaces
5
Tax Year
2025
Data Source
Chilliwack & District Real Estate Board
Living Area
5830 square feet
Lot Size
0.18 acres
Security
$1,740,000
Office
Royal LePage Sussex
Loan Amount:
$1,392,000
Estimated Monthly Payment:
$6,783
This is an estimate for informational purposes only. Consult with a financial advisor.
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