1-8 180 & 270 7 Street Southeast, Salmon Arm
MLS® 10280589
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:15474)
Property Details
- Full Address:
- 1-8 180 & 270 7 Street Southeast, Salmon Arm, British Columbia
- Price:
- $ 2,125,000
- MLS Number:
- 10280589
- List Date:
- July 21st, 2023
- Lot Size:
- 0.56 ac
- Year Built:
- 1970
- Taxes:
- $ 8,500
Interior Features
- Flooring:
- Mixed Flooring
- Heating:
- Baseboard heaters, Electric
Building Features
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Tar & gravel, Unknown
- Zoning:
- Unknown
- Exterior:
- Stucco
- Garage Spaces:
- 16
- Ownership Type:
- Freehold
- Taxes:
- $ 8,500
Floors
Land
- Lot Size:
- 0.56 ac
Neighbourhood Features
- Amenities Nearby:
- Pets Allowed
Ratings
Commercial Info
Location
Mortgage Calculator
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