46479 BROOKS AVENUE, Chilliwack Proper South, Chilliwack
46479 BROOKS AVENUE, Chilliwack Proper South, Chilliwack, BC V2P1C6
$1.4M total
—
Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA9 — High Rise
$ / SF
—
Occupancy
96%
Year Built
1974
Lot Size
0.3 ac
About this property
INCREDIBLE INVESTMENT OPPORTUNITY! This FULLY RENOVATED 4-PLEX offers a fantastic chance to own a TURN-KEY INCOME PROPERTY in a PRIME CENTRAL LOCATION! Extensively updated in 2021 with a DURABLE METAL ROOF, NEW HWT & COMPLETE INTERIOR RENOVATIONS throughout all 4 units! Each residence features modern finishes & updated living spaces, offering excellent rental appeal & long-term value. With MAJOR CAPITAL IMPROVEMENTS already completed, this property is an ideal addition to any investment portfolio! Enjoy the benefits of a WELL-MAINTAINED multi-family property with STRONG INCOME POTENTIAL & minimal upkeep. A RARE FIND in today's market offering LOCATION, VALUE & INVESTMENT POTENTIAL! * PREC - Personal Real Estate Corporation (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$67K
Annual cash flow
$-11K
Cash-on-cash
-2.58%
DSCR
0.86
Going-in cap
4.77%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
126,048
Households
59,199
Median income
$103,500
Median age
43.4
Daytime population
192,261
5-yr growth
0.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 46479 BROOKS AVENUE, Chilliwack Proper South, Chilliwack.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.