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925 Riverside Avenue
Sicamous V0E2V0

$1,900,000
Multi-family built: 1978

Main Photo: 925 Riverside Avenue in Sicamous: Multi-family for sale : MLS® # 10140814
Prop. Type:
Multi-family
MLS® Num:
10140814
Status:
Active
Year Built:
1978
GREAT INVESTMENT PROPERTY - 23 suite apartment in Sicamous with recent appraisal on file and approx $175,000 of annual income. Solid 20,872 sq ft building with concrete fire walls, torch on roof (2003), alarm systems and smoke detectors, with 15-one bedroom and 8 two bedroom suites. Sitting on 1.22 acres walking distance to beach and town with potential for future expansion, in an area with super low vacancy rates. Well maintained 2 storey building that has in ground pool (not in use), green space and lower than market rents. Fully rented with many long term tenants in place, all suites have been updated over the years, approximately 9 units have been fully upgraded with new laminate flooring, kitchens, and bathrooms. This is a quality residential investment with a solid return. For more information Jim Grieve PREC* 250-833-6312 jdgrieve@shaw.ca or Jordan Grieve PREC* 250-833-7812 jordangrieve@shaw.ca or visit www.jimgrievesalesteam.com
Property Type:
Multi-family
Transaction Type:
For sale
Ownership Type:
Freehold
Community:
Sicamous
Amenities:
Recreation
Features:
Central location, Flat site
Pool Type:
Inground pool
Pool Features:
Pool equipment
View:
Mountain view
Building Type:
Multi-Family
Utilities:
Sewer - Available
Age:
39 years
Exterior Finish:
Aluminum siding
Fireplace:
No
Heating:
Baseboard heaters
Water:
Municipal water
Sewer:
Municipal sewage system
Land Amenities:
Recreation
Road Access:
Easy access
Lot Size:
1.28 acre(s)
Lot Size:
1.28 ac|1 - 5 acres
Lot Details:
1.28
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Jim Grieve and Jordan Grieve of Homelife Salmon Arm Realty.Com
Listing information last updated on 10-Oct-2017 10:43 PM
DAVID PUSEY
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