Rare opportunity to buy a fully rented (at market rents) Fourplex, each with 3 bedrooms and 3 baths. Each -1250sq unit offers a spacious main floor with open living, dining and kitchen. Upstairs each unit has 3 bedrooms including a primary with full bath, laundry and another full bath. Multiple units have seen extensive renovations. There is ample parking &…
Rare opportunity to buy a fully rented (at market rents) Fourplex, each with 3 bedrooms and 3 baths. Each -1250sq unit offers a spacious main floor with open living, dining and kitchen. Upstairs each unit has 3 bedrooms including a primary with full bath, laundry and another full bath. Multiple units have seen extensive renovations. There is ample parking & yard space for the tenants enjoyment. Within walking distance to shopping and easy access to the highway makes it very attractive for tenants and tenant retention. All at below replacement cost, turn key investments like this don't come up often.
Features
Open
Room measurements24 rooms▸
Living RoomMain · 10' × 18'
KitchenMain · 10' × 9'3
Dining RoomMain · 10' × 11'3
Living RoomMain · 10' × 18'
KitchenMain · 10' × 9'3
Dining RoomMain · 10' × 11'3
Living RoomMain · 10' × 18'
KitchenMain · 10' × 9'3
Dining RoomMain · 10' × 11'3
Living RoomMain · 10' × 18'
KitchenMain · 10' × 9'3
Dining RoomMain · 10' × 11'3
Primary BedroomAbove · 11'1 × 12'7
BedroomAbove · 9'6 × 9'5
BedroomAbove · 8'6 × 9'4
Primary BedroomAbove · 11'1 × 12'7
BedroomAbove · 9'6 × 9'5
BedroomAbove · 8'6 × 9'4
Primary BedroomAbove · 11'1 × 12'7
BedroomAbove · 9'6 × 9'5
BedroomAbove · 8'6 × 9'4
Primary BedroomAbove · 11'1 × 12'7
BedroomAbove · 9'6 × 9'5
BedroomAbove · 8'6 × 9'4
Floor plan
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Property Details
MLS NumberR3145072
Property TypeQuadruplex
Bedrooms12
Bathrooms9
Square Feet5,120
Lot Size7,840 sqft
Year Built1992
HeatingForced Air, Natural Gas
Days on Market60
StatusActive
Listed ByRE/MAX Nyda Realty Inc.
School Catchment
ElementaryCentral Elementary Community School
SecondaryChilliwack Secondary
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$400,000Median home value
$52,000Median household income
46.6%Owner-occupied
28.3%Single-detached homes
2.1Avg household size
41.6Median age
11.5%Bachelor's degree or higher (25-64)
67.8%Commute under 30 min
87.6%Drive to work
14.9%Foreign-born residents
2,678Neighbourhood population
Age
Under 1517%
15 to 6464.3%
65 and over18.7%
Household size
1 person41.6%
232.2%
312.2%
48.2%
5 or more5.7%
Language spoken at home
85.2% English mother tongue
English + other2.9%
German1.4%
Spanish1.2%
French1.2%
Punjabi1%
Tagalog0.8%
All others6.3%
Mother tongue, share of 2,570 residents.
How this pocket differs
fewer 5+ person households than Chilliwack Proper East 5.7% vs 7.9%
fewer 4-person households than Chilliwack Proper East 8.1% vs 10.5%
more people living alone than Chilliwack Proper East 41.5% vs 34.1%
Median household income is notably lower than Chilliwack $52,000 vs $82,000
Median dwelling value is notably lower than Chilliwack $400,000 vs $750,000
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
Ped NaimiPersonal Real Estate Corp
Vinod BashirPersonal Real Estate Corp
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