Dan Singla - 250-861-5122

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Multi-family in Salmon Arm

$2,125,000.00
#1-8 180 & 270 7 Street Southeast - MLS® #: 10280589
  • (182)
  • 250
  • 94
  • 0 Bedrooms
  • 0 Bathrooms
  • - Sq Ft
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Dan Singla
Contact Agent
250-861-5122

Property Type

Multi-family

Description

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)

Property Details

Subarea
SE Salmon Arm

Lot
0.56

Year Built
1970

Sewer
Municipal sewage system

Flooring
Mixed Flooring

Parking Type
16

Listing Agent

Robert McKibbon
(250) 804-6288

Brokerage

Homelife Salmon Arm Realty.Com
(250) 832-7871

Disclaimer:

The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Listing data last updated date: 2024-03-30 00:51:41




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