87
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$1,900,000
Est. payment /mo
6,949 SqFt
Active
231 Finlayson Street Sicamous, BC V0E2V1
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 6949
Square Footage 6,949 sqft
Price per Sqft $273
Subdivision Sicamous
MLS® Listing ID 10383153
Style Bungalow
Year Built 1970
Lot Size 0.760 Acres
Acres 0.76
Property Sub-Type Freehold
Property 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 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 7.3%. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Flooring Laminate, Vinyl
Exterior
Parking Features No
Community Features Rentals Allowed
View Y/N No
Roof Type Unknown,Unknown
Attached Garage No
Total Parking Spaces 20
Garage No
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Architectural Style Bungalow
Others
Ownership Freehold
Virtual Tour https://private-office.myrealpage.com/wps/-/noframe~true/mylistings/13166/details-108456725
Listed by Homelife Salmon Arm Realty.Com
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