180 7 Street Se Unit# 1-4, Salmon Arm, British Columbia V1E 1E4

Listed for:
$1,075,000
0 beds
0 baths
Listed 484 days ago
Multi-Family for rent: 180 7 Street Se Unit# 1-4, Salmon Arm, British Columbia V1E 1E4

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Listing provided by:
Homelife Salmon Arm Realty.Com
MLS® number:
10256152
Agent:
Robert Mckibbon
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About

Multi-family Residential Four Plex. Four attached townhomes with R4 zoning and zero vacancy record located in downtown Salmon Arm. 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. Fully rented with $4,288/month rental income. Priced well below replacement value at $270,000/unit! Seller may consider selling next door 4 Plex as a package. (id:27476)

Property Highlights

Type
Multi-Family
Cooling type
Heating fuel
Electric
Fireplace
No
Construction material
Stucco
Parking space
8
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is a Condominium/Strata with a total of 8 parking spaces. It consists of a multi-family residential fourplex, comprising four attached townhomes with R4 zoning and a flawless vacancy record. Situated in downtown Salmon Arm, each unit is approximately 1200 SqFt, featuring 3 bedrooms, 1.5 bathrooms, and a full basement with laundry facilities. The property is fully compliant with separate metering for each townhome and is within walking distance to all amenities. Currently, all units are rented, generating a monthly income of $4,288. The price per unit is $270,000, significantly below the replacement value. The seller may also consider selling the adjacent fourplex as a package. (id:27476).

This property, located at 180 7 Street SE Unit# 1-4 in Salmon Arm, British Columbia, is for sale. It sits on a land size of 0.26 ac, with a building exterior finish of stucco and uses electric as its heating fuel. The heating type is baseboard heaters, and the property comprises 2.00 stories. It falls under the category of Multi-Family properties.