2172 Mckenzie RD, Abbotsford, BC V2S 3Z8
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2172 Mckenzie RD, Abbotsford, BC V2S 3Z8
2172 Mckenzie RD, Abbotsford, BC V2S 3Z8
2172 Mckenzie RD, Abbotsford, BC V2S 3Z8
2172 Mckenzie RD, Abbotsford, BC V2S 3Z8
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2172 Mckenzie RD Abbotsford, BC V2S 3Z8

0.32 Acres Lot


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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


REBGV/FVREB/Chilliwack (Commercial VOW)
Nikki Cvitanovic

Nikki Cvitanovic

REALTOR® | License ID: 160576

+1(778) 926-6464

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2172 Mckenzie RD