1-8 180 & 270 SE 7 Street

Downtown Salmon Arm V1E 1E4

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. 4 units recently upgraded to higher rents ($2200 to $2500/month). Current rent roll offers a 6% CAP rate. Priced well below replacement value UNDER $265,000/unit! Seller will also consider selling a 4 Plex separately. There is a lot in the rear that can be sub-divided off for a new 4-Plex too. (included). See our full descriptive brochure in the link below.... Then call or text Rob at 250-804-6288 See our Info Package Brochure in the document link.