351 5 Street, SE Salmon Arm, BC
$ 869,000
Property Attributes
  • MLS#10214812
  • TypeMulti-Family
  • CitySalmon Arm
  • NeighbourhoodSE Salmon Arm
  • Postal CodeV1E4E8
  • StyleMulti-Family
  • Price$ 869,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Homelife Salmon Arm Realty.Com
Property Description

Great investment opportunity Fully rented 4-plex that underwent extensive renovation in 2019. Building features two upper level 865 square foot suites and two lower level 808 square foot suites each with 2 bedrooms, 1 bathroom and storage locker. Recent renovations include new kitchens, bathrooms, flooring, paint, trim, windows, doors, tiles, and light fixtures. These spacious suites show very well, each with their own laundry, hot water and hydro meter. Covered carport, good location and yards for each tenant. New landscaping, paint and concrete work outside. 0.16 acre corner lot with central location walking distance to downtown and other amenities. Quality tenants in place, rent is plus utilities (electricity, cable, internet). This is a clean building offering an approx 5% cap rate. Viewings available via 360 DEGREE VIRTUAL TOUR. Realtors deem all information to be correct yet do not guarantee this nor are we liable in any way for any mistakes, errors, or omissions. Buyer should verify all information important to them. (id:27)

Price History
9/9/2020 Listed $869,000

General Features

Building Type Multi-Family
Garage no
Listing Type Investment
Neighbourhood SE Salmon Arm
Parking no
Property Type Multi-family
Sewer Municipal sewage system
Terms SALE
Wheel Chair Access no

Interior Features

Fireplace no

Exterior Features

Pool Y/N no


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V1E4E8

AVG $870K
AVG 25
AVG 60
Data Provided by Walkscore ® not using MLS data

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