46198 Mellard Avenue, Chilliwack, BC

FOURPLEX ESTATE WITH DEVELOPMENT POTENTIAL William Wright Commercial is proud to present this fourplex estate with development potential to the market. This property is currently zoned R5; Low Rise up to 4 stories or Townhouse development, sitting on over 8,700SF. Combined with the surrounding properties, there is the potential for almost 42,000SF of development land. There is exceptional holding income with 4 units commanding top dollar rents for the area. All of the suites have been modernized within the last 12 months. The building features updated flooring, overhauled mechanical repairs, features a coin operated laundry room as extra income, tons of storage areas, and 4 separate meters for hydro, etc. The building is in a great location that is walking distance to schools, downtown and shopping.