180 & 270 7 Street Se Unit# 1-8 Salmon Arm, British Columbia V1E 1E4

Baseboard Heaters


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 with higher rents ($2100 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 Multi-family
Neigbourhood SE Salmon Arm
Community Name 8 Plex
Community Features Pets Allowed
Parking Space Total 16


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 Unknown
Type Multi-family
Utility Water Municipal Water


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