Real Estate Investment:  Suited Detached - 45856 Yates Ave, Chilliwack

About This Property                               

SLIDING GATE, TONS OF PARKING, A 26X24 SHOP AND A 2 BEDROOM GUEST SUITE!  In recent years the house has seen a lot of quality renovations. The in-law suite is fully self contained with its own laundry and separate hydro meter, it has double insulation and sound bar in the ceiling, the shop has water inside and out with plenty of power with a RV outlet/welding plug/240 v heaters. The basement has heated floors in all rooms, built in speakers, updated kitchen and appliances, gas fireplace, instant hot water tank. Outside there are in-ground sprinklers, newer perimeter drainage, rock pit for shop drainage, hot tub area has outlets/cable/speakers/bar fridge.

Features

  • Built in 1955
  • 6,420 SQFT Lot
  • 1,860 SQFT Building

Asking Price: $639,900

Initial Cash Required: $143,000

Monthly Cash Flow: $151

Annual ROI: 24%

Profit after 10 Years: $355,000

   

   

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