87
$1,855,000 Sale
Listed 182 days ago
231 Finlayson Street
· 0
· 0.0
· 20
· 6949
Key Facts
Key facts for 231 Finlayson Street
Property Type
Apartment, Bungalow
Parking
Garage: No, 20 parking
MLS #
10383153
Size
6949 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1970
Maintenance Fee
-
Description
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 div...erse 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:10452)
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Listing courtesy of: Homelife Salmon Arm Realty.Com
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