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46117 Gore Avenue
Chilliwack Proper East Chilliwack V2P 6K4

$4,300,000
Commercial Sale

Main Photo: 46117 Gore Avenue in Chilliwack: Chilliwack Proper East Commercial Sale for sale : MLS®# C8066248
Photo 1: 46117 Gore Avenue in Chilliwack: Chilliwack Proper East Commercial Sale for sale : MLS®# C8066248
Photo 2: 46117 Gore Avenue in Chilliwack: Chilliwack Proper East Commercial Sale for sale : MLS®# C8066248
Photo 3: 46117 Gore Avenue in Chilliwack: Chilliwack Proper East Commercial Sale for sale : MLS®# C8066248
Photo 4: 46117 Gore Avenue in Chilliwack: Chilliwack Proper East Commercial Sale for sale : MLS®# C8066248
Photo 5: 46117 Gore Avenue in Chilliwack: Chilliwack Proper East Commercial Sale for sale : MLS®# C8066248
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
C8066248
Build. Type:
Mul Tenant/MultiPlex (5+)
INVESTORS ALERT- Multifamily 12 units turn key apartment building available for sale. 4- two bedrooms units and 8 -one bedroom units. 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. The Property has been well-maintained and features numerous building and suite upgrades including FRESH PAINT EXTERIOR, New sundeck railings and flooring, two units fully renovated. The Property's current rents are below market offering a purchaser the opportunity to further increase income on natural tenant turnover.
Sale Type:
Asset
Property Type:
Commercial Sale
Commercial Type:
Multi Family
Construction:
Concrete, Frame Wood
Num Storeys:
3
Building Type:
Mul Tenant/MultiPlex (5+)
# Bldgs:
1
# Units Total:
12
# Other Units:
0
# of Apartments:
12
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
8
# of 2 Bedroom Apartments:
4
# of 3 Bedroom Apartments:
0
Year built:
1973 (Age: 52)
Living Area:
7,300 sq. ft.
Subject Property Depth:
118'
Subject Property Width:
74'
Title to Land:
Freehold
Lot Area:
8,765 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Electricity Connected, Fully Serviced, Natural Gas Connected
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
006585116
Taxes:
$8,664.95 / 2024
Laundry Facility
No
1%
# Elevators:
0
Water Supply:
Public
Water Rights:
No
Roof:
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 46117 Gore Avenue in Chilliwack: Chilliwack Proper East Commercial Sale for sale : MLS®# C8066248
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  • Photo 2: 46117 Gore Avenue in Chilliwack: Chilliwack Proper East Commercial Sale for sale : MLS®# C8066248
    Photo 2 of 5
  • Photo 3: 46117 Gore Avenue in Chilliwack: Chilliwack Proper East Commercial Sale for sale : MLS®# C8066248
    Photo 3 of 5
  • Photo 4: 46117 Gore Avenue in Chilliwack: Chilliwack Proper East Commercial Sale for sale : MLS®# C8066248
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  • Photo 5: 46117 Gore Avenue in Chilliwack: Chilliwack Proper East Commercial Sale for sale : MLS®# C8066248
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Listed by RE/MAX Select Properties
Data was last updated April 8, 2025 at 04:10 AM (UTC)