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Royal LePage
Royal LePage
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$1,740,000

9452 FLETCHER STREET|Chilliwack Proper East, Chilliwack, British Columbia, V2P 4Z5

MLS® # C8075790

Chilliwack BC, V2P 4Z5

MLS® # C8075790

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Fire Protection: Security system
  • Floor Space: 5830 sqft

Property Features:

  • Property Type: Multi-family
  • Built in: 1957
  • Floor Space (approx): 5830 Square Feet
  • Irregular: Yes
  • Lot Size: 0.18 Acres
  • No. of Parking Spaces: 5

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⚠ Potential Investment Performance

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Location of 9452 FLETCHER STREET|Chilliwack Proper East, Chilliwack, British Columbia, V2P 4Z5

Demographic Information of 9452 FLETCHER STREET|Chilliwack Proper East, Chilliwack, British Columbia, V2P 4Z5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$73,798.63

Average Number of Children

1.47

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.29 %

High school certificate or equivalent

37.97 %

Apprenticeship trade certificate/diploma

8.08 %

College/non-university certificate

16.39 %

University certificate (below bachelor)

0.32 %

University Degree

5.94 %

Commuter

Travel To Work

By Car

72.29 %

By Public Transit

5.11 %

By Walking

13.61 %

By Bicycle

4.8 %

By Other Methods

4.19 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

82.64 %

Houses

17.36 %

Own Vs. Rent

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