1 8 180 270 7 Street Se, Salmon Arm
1 8 180 270 7 Street Se, Salmon Arm
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31 Photos
- MLS®: 10280589
- Type: Commercial
- Added: 286 days ago
Property Details
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 to higher rents ($2200 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:1945)
Property Information
- Roof: Tar & gravel, Conventional
- Sewer: Municipal sewage system
- Zoning: Unknown
- Heating: Baseboard heaters, Electric
- Flooring: Mixed Flooring
- Year Built: 1970
- Photos Count: 31
- Water Source: Municipal water
- Lot Size Units: acres
- Parcel Number: 008-932-310
- Parking Total: 16
- Structure Type: Other
- Common Interest: Freehold
- Street Dir Suffix: Southeast
- Tax Annual Amount: 8500
- Exterior Features: Stucco
- Security Features: Smoke Detector Only
- Community Features: Pets Allowed
- Lot Size Dimensions: 0.56
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