Shuswap And 1st Street Southeast Salmon Arm, BC V1E 4H8
Inscription par:  CREA / Listed By: Royal Lepage Access Real Estate

  Shuswap And 1st Street Southeast Salmon Arm, BC V1E 4H8

En vigueur (116 Jours)
2 590 000 $ (CAD)
9 400
PI. CA.

Description

This 1.22 acre assembly represents current investment revenue for immediate cash flow, coupled with the possibility of future development to high density. Situated in walkable location, in close proximity shopping centers and downtown Salmon Arm. The site currently consists of four lots under four separate titles, featuring a total of 16 rental units organized into four well-maintained fourplexes. These units are occupied by stable, long-term tenants on month-to-month agreements, providing a reliable revenue stream, currently providing an estimated 5.5% Cap Rate. The makeup consists of 15 two bedroom apartments and 1 one bedroom apartment, ranging in size from 450 square feet to 850 square feet. There is 1 two story home with 4 units, two one level with 4 units on crawl spaces and another one level on a full basement. The full basement has a shop space, storage and a shared laundry for the tenants providing another source of revenue. Designated parking and easy access for all tenants. The future potential of the combining of the lots and rezoning to a higher density is part of the Official Community Plan for Salmon Arm and lends itself to many different options to find the right project. (id:41440)

MLS®:
10384025
Les impôts
$16,680
Surface Terrain
1.22 acres
Catégorie
Multifamily
Style
Bungalow
Ville
Columbia-Shuswap

Listed By

Jeremy Osborne, Royal Lepage Access Real Estate
Source
CREA
Dernière vérification Août 29 2026 à 4:45 PM EDT
Détails sur les salles de bains
Chauffage et refroidissement
  • Baseboard Heaters
Informations sur les sous-sols
  • Crawl Space
  • Full
Caractéristiques extérieures
  • Stucco
  • Cedar Siding
  • Toit: Unknown
  • Toit: Asphalt Shingle
Informations sur les services publics
  • Sewer: Municipal Sewage System
Stationnement
  • Carport
Surface Habitable
  • 9,400 pi. ca.

Historique des prix des annonces

Date
Événement
Prix
% Variation en
$ (+/-)
Juin 24, 2026
Prix modifié
2 590 000 $
-14%
-405 000 $
Alimenté par Walk Score®
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 8/29/26 09:45