46031 CLEVELAND AVENUE|Chilliwack Proper East

DEVELOPERS & INVESTORS: Outstanding opportunity in Chilliwack's growing downtown with excellent future redevelopment potential. Designated RES-3 (Low Rise Apartment) under the OCP (buyer to verify with the City of Chilliwack). Currently generating $3,500/month in rental income, this is an ideal holding property while planning for future development. Situated on an 8,712 sq.ft. corner lot, this well-maintained 2-storey with basement home offers 6 bedrooms, 4 full bathrooms, updated kitchen, family and living rooms, skylights, heat pump, newer thermo windows, 6-year roof, 3-year gutters, new sump pump, open-concept main floor, and a fully fenced yard with mature landscaping. (id:4069)