Address
351 5 Street, SE Salmon Arm, BC
Price
$ 869,000
Property Attributes
  • MLS#10214796
  • TypeSingle Family
  • CitySalmon Arm
  • NeighbourhoodSE Salmon Arm
  • Postal CodeV1E4E8
  • StyleFourplex
  • Price$ 869,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3344
Listing Provided Courtesy Of:
Homelife Salmon Arm Realty.Com
Property Description

Great investment opportunity Fully rented 4-plex that underwent extensive renovation in 2019 and has approx 5+% Cap Rate on asking price. Building features two upper level 865 square foot suites and two lower level 808 square foot suites each with 2 bedrooms, 1 bathroom and storage locker. Recent renovations include new kitchens, bathrooms, flooring, paint, trim, windows, doors, tiles, and light fixtures. These spacious suites show very well, each with their own laundry, hot water and hydro meter. Covered carport, good location and yards for each tenant. New landscaping, paint and concrete work outside. 0.16 acre corner lot with central location walking distance to downtown and other amenities. Quality tenants in place, rent is plus utilities (electricity, cable, internet). This is a clean building offering an approx 5% cap rate. Viewings available via 360 DEGREE VIRTUAL TOUR. Realtors deem all information to be correct yet do not guarantee this nor are we liable in any way for any mistakes, errors, or omissions. Buyer should verify all information important to them. (id:27)

Price History
9/9/2020 Listed $869,000

General Features

Amenities Nearby Shopping, Public Transit
Architectural Style Rancher
Beds 8
Building Type Fourplex
Features Central location, Corner Site
Garage no
Listing Type House
Neighbourhood SE Salmon Arm
Parking yes
Parking Spaces 4
Property Type Single Family
Sewer Municipal sewage system
Terms SALE
Wheel Chair Access no
Zoning Type Multi-Family

Interior Features

Basement Finished
Basement Type Full
Bedrooms 8
Fireplace no
Total Baths 4

Exterior Features

Pool Y/N no

Room Details

Room Dimensions Level Flooring Details
Bathroom 6 ft ,7 in x 10 ft ,7 in Basement Level
Bathroom 6 ft ,7 in x 11 ft ,2 in Main Level
Bathroom 6 ft ,7 in x 11 ft ,2 in Main Level
Bathroom 6 ft ,7 in x 10 ft ,7 in Basement Level
Bedroom 10 ft ,1 in x 10 ft ,7 in Basement Level
Bedroom 8 ft ,11 in x 11 ft ,2 in Main Level
Bedroom 10 ft ,1 in x 10 ft ,7 in Basement Level
Bedroom 8 ft ,11 in x 11 ft ,2 in Main Level
Kitchen 10 ft ,10 in x 14 ft ,3 in Main Level
Kitchen 13 ft ,8 in x 10 ft ,2 in Basement Level
Kitchen 10 ft ,10 in x 14 ft ,3 in Main Level
Kitchen 13 ft ,8 in x 10 ft ,2 in Basement Level
Living 18 ft ,2 in x 12 ft ,4 in Main Level
Living 18 ft ,2 in x 11 ft ,6 in Basement Level
Living 18 ft ,2 in x 12 ft ,4 in Main Level
Living 18 ft ,2 in x 11 ft ,6 in Basement Level
Master Bedroom 10 ft ,9 in x 11 ft ,2 in Main Level
Master Bedroom 10 ft ,1 in x 10 ft ,7 in Basement Level
Master Bedroom 10 ft ,9 in x 11 ft ,2 in Main Level
Master Bedroom 10 ft ,1 in x 10 ft ,7 in Basement Level

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V1E4E8

Price
AVG $870K
$870K
Visits
AVG 10
16
Walkscore
AVG 60
60
Data Provided by Walkscore ® not using MLS data

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