$ 2,125,000 – #1-8 180 & 270 7 Street Southeast

This listing presented by Stephen Buck. Contact Stephen by phone: 250-860-1100 or email direct here.

Listing Info

Area: Salmon Arm
Property Type: Multi-family
Ownership: Freehold
MLS® Number: 10280589
Year Built: 1970
Lot Size: 0.56
Listing Status: Active
List Price: $ 2,125,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Multi-family – Salmon Arm

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)

Construction Info

Interior Finish: 0
Flooring: Mixed Flooring
Sewer: Municipal sewage system
Parking: 16

Rooms Dimension

Listing Agent:

Robert McKibbon
(250) 804-6288

Brokerage:

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