$ 489,000 – #Prop. 6 981 12 Street Southeast
3 BR / 2 BA Single Family – Salmon Arm
Brand New Buena Vista Lane Townhomes now under construction with Phase One being ready for occupancy this Summer 2024. Built to attract first time home buyers &/or rental investors this 1291 SqFt townhome offers 3 levels, 3 Bedrooms & 2 Bathrooms. Includes all appliances; Fridge, Stove, DW, Micro & W/D, Vacuum and all Blinds. Development contains 10 buildings & this unit offers lakeviews. Built in a lane style design with an attached garage, private side entry, hardi-board exteriors, backyard deck, extra open space parking spot along with plenty of visitor parking too. Developers incentive offering no strata fees ($226/month) for the first year for first time home buyers. Financing OAC* with $125,000 household pre-tax annual income, financing packages for first time home buyers include 5% down payment, 4.99% interest rate over 25 year amortization with a monthly payment of $2963. Other incentives are applicable too, such as no property transfer taxes & gov't down payment incentives. Property is next door to a child day care & close to schools. Investors can expect $3000/month in rental income with a +7% gross cap rate on purchase price and with 20% down payment that would be a 36% gross return on cash invested.... Best deal in the Shuswap! (id:6769)Construction Info
Interior Finish: | 1291 |
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Flooring: | Vinyl |
Sewer: | Municipal sewage system |
Parking Covered: | 1 |
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Parking: | 2 |
Rooms Dimension
Listing Agent:
Robert McKibbon
(250) 804-6288
(250) 804-6288
Brokerage:
Homelife Salmon Arm Realty.Com
(250) 832-7871
(250) 832-7871