Multi-family
6% CAP in Downtown Salmon Arm. Multi-family Residential Eight Plex. Double Four-plex attached townhomes with R4 zoning and past zero vacancy record located on two titles side by side. Each unit is approx 1200 SqFt with 3 Bedrooms & 1.5 Bathrooms and include a full basement with laundry. Separate metering for each, fully compliant multi family townhome property. Walking distance to all amenities. 3 units recently upgraded to higher rents ($2200 to $2400/month). Current rent roll offers a 6% CAP rate. Priced well below replacement value UNDER at $270,000/unit! Seller will also consider selling a 4 Plex separately. (id:6769)
Subarea
SE Salmon Arm
Lot
0.56
Year Built
1970
Sewer
Municipal sewage system
Flooring
Mixed Flooring
Parking Type
16
Robert McKibbon
(250) 804-6288
Homelife Salmon Arm Realty.Com
(250) 832-7871
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Listing data last updated date: 2024-03-30 00:51:41