6062 Ranchero Drive Salmon Arm, British Columbia V1E 4M3
$499,000
Perfect starter park investment. Amazing Shuswap location, 7km to downtown Salmon Arm. 2 minutes to Salmon Arms championship golf course, Larch Hills Cross country ski hill and the winery. Well run and maintained seven units on just over an acre. Always full with long term owner occupied tenants for a steady cash flow increasing every year. Low expenses and maintenance with no manager required for an absentee owner. Upside with much lower rents than surrounding parks which can increase with attrition. (id:52386)
Property Details
| MLS® Number | 10311111 |
| Property Type | Multi-family |
| Neigbourhood | SE Salmon Arm |
Building
| Constructed Date | 1973 |
| Heating Type | No Heat |
| Stories Total | 1 |
| Type | Multi-family |
| Utility Water | Well |
Land
| Acreage | Yes |
| Sewer | Septic Tank |
| Size Irregular | 1.07 |
| Size Total | 1.07 Ac|1 - 5 Acres |
| Size Total Text | 1.07 Ac|1 - 5 Acres |
| Zoning Type | Multi-family |
https://www.realtor.ca/real-estate/26800937/6062-ranchero-drive-salmon-arm-se-salmon-arm
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April 25 2024 05:31:08
Okanagan-Mainline Real Estate Board
Lighthouse Realty Ltd.