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581 4 Avenue, SE
Salmon Arm V1E1M4

$1,550,000
Multi-family built: 1968

Main Photo: 581 4 Avenue, SE in Salmon Arm: Multi-family for sale : MLS® # 10150352
Prop. Type:
Multi-family
MLS® Num:
10150352
Status:
Active
Year Built:
1968
Chequers 14 suite apartment building offers a great location with 8 spacious 2 bedroom suites and 6 one bedroom suites. Well maintained building with newer roof, newer windows and new hot water/boiler tank. Situated on .41 of an acre with lots of parking, this building shows an approx 5% Cap rate on asking price. Long term tenants with lower than market rents. Each suite has its own Hydro meter and electric baseboard heat. Features coin op laundry, storage lockers and a deck for each apartment. Great location with an easy walk to town all add to the value of this building. For more information contact Jim Grieve PREC* 250 833 6312 / jdgrieve@shaw.ca or Jordan Grieve PREC* 250 833 7812 / jordangrieve@shaw.ca or visit www.jimgrievesalesteam.com (id:2493)
Property Type:
Multi-family
Transaction Type:
For sale
Ownership Type:
Freehold
Community:
SE Salmon Arm
Amenities:
Public Transit
Features:
Central location, Corner Site
Building Type:
Multi-Family
Age:
50 years
Exterior Finish:
Stucco
Fireplace:
No
Heating:
Baseboard heaters
Water:
Municipal water
Sewer:
Municipal sewage system
Land Amenities:
Public Transit
Road Access:
Easy access
Lot Size:
17,859.6 sq. ft.
Lot Size:
0.41 ac|under 1 acre
Lot Details:
0.41
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Larger map options:
Jim Grieve and Jordan Grieve of Homelife Salmon Arm Realty.Com
Listing information last updated on 19-Feb-2018 3:55 PM
DAVID PUSEY
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