351 5th Street SE
S.E. Salmon Arm
- FULLY RENTED 4-PLEX
- Type: Multifamily
- Style: 2 Storey
- Development Level: Built
- Lot Type: Irregular
- Lot Size: 0.16 acres
- Year Built: 1963 "Substantially Renovated"
- MLS ® #: 10214796
351 5th Street SE Salmon Arm BC
Great investment opportunity – Fully rented 4-plex that underwent extensive renovation in 2019 and has approx 5+% Cap Rate on asking price. 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.
For more information please contact Jordan Grieve PREC* 250-833-7812 firstname.lastname@example.org or Jim Grieve PREC* 250-833-6312 email@example.com or visit www.jgrieverealestate.com. Toll free 1-800-890-9166. Homelife Salmon Arm Realty. 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.
Brokered and Advertised by :
Homelife Salmon Arm Realty
Information is deemed to be correct but not guaranteed.
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