MNSKEY 647-325-5000

231 Finlayson Street

Sicamous, Sicamous, BC, V0E2V1

Listed by Homelife Salmon Arm Realty.Com

$1,795,000

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  • 20 parking
  • 6949 sq ft

Listed 191 days ago · MLS® 10383153

About this home

This well maintained 10-unit multi-family residential complex is ideally located within walking distance to Sicamous Town Beach, offering a rare investment opportunity with strong revenue potential and a welcoming community atmosphere. Comprised of six detached buildings, the property features a diverse mix of 1-, 2-, and 3-bedroom units, each with its own individual hydro meter. Significant updates have already been completed, including newer windows and doors, with more than half of the units partially or fully renovated—providing a turnkey opportunity for investors. The complex includes a thoughtfully converted former retail building now housing four bright, modern units with clean, white interiors. In addition, five separate freestanding homes offer six more rental units, each with its own unique character and private outdoor space. Tenants benefit from shared access to a generously sized storage shed and ample on-site parking. This is an exceptional opportunity to acquire a versatile, income-generating property in a desirable location. Cap Rate on list price is 7.1%. (id:66966)

Details

Type
Multiplex
Style
Bungalow
Size
6949 sq ft
Property tax
$8,242
Neighbourhood
Sicamous
Municipality
Sicamous

Interior

Fireplace
No
Appliances
Refrigerator, Range - Electric, Washer & Dryer
Flooring
Laminate, Vinyl

Heating, cooling and services

Heating
Baseboard heaters
Water and sewer
Municipal sewage system

Building and exterior

Style
Bungalow
Year built
1970
Roof
Metal

Parking

Total parking
20

Location

Location is approximate. See nearby homes on the map

Listed by Homelife Salmon Arm Realty.Com.

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