180 & 270 7 Street Se Unit# 1-8 Salmon Arm, British Columbia V1E 1E4
$2,125,000
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. 3 units recently upgraded to higher rents ($2200 to $2400/month). Current rent roll offers a 6% CAP rate. Priced well below replacement value UNDER at $270,000/unit! Seller will also consider selling a 4 Plex separately. (id:52386)
Property Details
| MLS® Number | 10280589 |
| Property Type | Other |
| Neigbourhood | - SE Salmon Arm |
| Community Name | 8 Plex |
| Community Features | Pets Allowed |
| Parking Space Total | 16 |
Building
| Constructed Date | 1970 |
| Exterior Finish | Stucco |
| Fire Protection | Smoke Detector Only |
| Flooring Type | Mixed Flooring |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Roof Material | Tar & Gravel |
| Roof Style | Conventional |
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 188 Ft |
| Size Irregular | 0.56 |
| Size Total | 0.56 Ac|under 1 Acre |
| Size Total Text | 0.56 Ac|under 1 Acre |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/25862863/180-270-7-street-se-unit-1-8-salmon-arm-se-salmon-arm
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November 28 2023 02:14:12
Okanagan-Mainline Real Estate Board
Homelife Salmon Arm Realty.com