Rob's Listings
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1-8 180 & 270 SE 7 Street in Salmon Arm: Downtown Multifamily for sale : MLS®# 10280589
1-8 180 & 270 SE 7 Street Salmon Arm V1E 1E4 
$2,125,000Multifamily- Status:
- Active
- MLS® Num:
- 10280589
- Bedrooms:
- 24
- Bathrooms:
- 16
- Floor Area:
- 9,600 sq. ft.
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. More detailsListed by Homelife Realty- ROB MCKIBBON
- Homelife Realty
- (250) 804-6288
- SOLD@BIGRob.ca
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1-4 180 Southeast 7 Street in Salmon Arm: Downtown Multifamily for sale : MLS®# 10256152
1-4 180 Southeast 7 Street Salmon Arm V1E 1E4
$1,075,000Multifamily- Status:
- Active
- MLS® Num:
- 10256152
NEW PRICE for this MULTI-FAMILY RESIDENTIAL FOUR PLEX. Four attached townhomes with R4 zoning and zero vacancy record, located in downtown Salmon Arm. Each unit is approx 1200 Sq.Ft. 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. Fully rented with $4,288/month rental income. Priced well below replacement value at $270,000/unit! Seller will consider selling the next door 4 Plex with this one as a package to make an 8 Plex. Then there is an opportunity to sub-div the rear lot off for a duplex to make a 10 Plex. Every unit is almost identical. The main floor has the living room, dining room, kitchen, and a powder room along with a front and rear entrance. There's a staircase down to the basement which is used for storage and laundry. Upstairs has 3 bedrooms and a full bath. This is the most recent information on the costs: Property Tax is about $4200/year Utilities about $2100/year Insurance $2800/year Tenants pay all their own hydro. No other fees. Rent is combined at $4288/month The roof is 11 years old, HWTs are 12 years. The seller is willing to include the fourplex next door as well in a package deal for $2.25M. They've had an appraisal of the fourplex next door recently. Call or text Rob McKibbon (250) 804-6288 or email sold@BIGRob.ca Thank you for your interest. More detailsListed by Homelife Realty- ROB MCKIBBON
- Homelife Realty
- (250) 804-6288
- SOLD@BIGRob.ca
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1-4 270 SE 7 Street in Salmon Arm: Downtown Multifamily for sale : MLS®# 10280588
1-4 270 SE 7 Street Salmon Arm V1E 1E4
$1,075,000Multifamily- Status:
- Active
- MLS® Num:
- 10280588
Multi-family Residential Four Plex. Four attached townhomes with R4 zoning and zero vacancy record located in downtown Salmon Arm. 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. Potential for vacant possession is currently in play. Priced well below replacement value UNDER at $270,000/unit! Seller will also consider selling next door 4 Plex for a combined 8 Plex sale. More detailsListed by Homelife Realty- ROB MCKIBBON
- Homelife Realty
- (250) 804-6288
- SOLD@BIGRob.ca
Data was last updated April 27, 2024 at 07:41 PM (UTC)
Location
#404; 251 Trans Canada Hwy NW
Salmon Arm, BC, V1E 3B8