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$ 2,333,800
Est. payment /mo
Active
2172 Mckenzie RD Abbotsford, BC V2S 3Z8
0.32 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8074449
Year Built 1990
Lot Size 0.320 Acres
Property Sub-Type Multi Family
Property Description
Exceptionally rare opportunity to acquire a 10-unit apartment building in Abbotsford. Properties of this size and quality are seldom available, making this a compelling offering for investors seeking stable income with future upside. The building features a diverse and functional unit mix consisting of 1-bedroom, 1 bedroom+den, and 2 bedroom suites, appealing to a broad tenant base. Current rents are strong, with an additional upside through future rental increases, offering the potential to enhance long-term cash flow. Major capital improvements have already been completed, including a new roof installed in 2024, along with building envelope and fascia upgrades completed in Summer 2025, significantly reducing near-term capital expenditures. Located in a high-demand rental area of Abbotsford, this property represents an ideal opportunity for investors seeking a well-maintained multi-family asset with value-add potential.
Location
Province BC
Community Central Abbotsford
Area Abbotsford
Zoning RML
Interior
Heating Baseboard, Electric
Cooling Electric
Exterior
Utilities Available Cable Connected, Electricity Connected, Garbage Collection
Roof Type Asphalt
Building
Story 3
Sewer Public Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold
