180 & 270 7 Street Se Unit# 1-8. Salmon Arm, British Columbia V1E1E4

REDUCED

$2,125,000

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  • Neighbourhood: SE Salmon Arm
  • HOA: N/a
  • MLS® #: 10280589
  • Year Built: 1970

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Description

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:6289)

180 & 270 7 Street Se Unit# 1-8 - Subdivision Statistics

Avg. asking price $931,029
Price per sq. ft. $352
Median price $834,900
Number of homes for sale in Se Salmon Arm 91
Number of homes for sale in Salmon Arm 279
Avg. Days on Market N/A

Essential Information

  • Listing #10280589
  • Price$2,125,000
  • Bathrooms0.00
  • Acres0.56
  • Year Built1970
  • TypeMulti-family
  • Sub-TypeMulti-Family

Address

180 & 270 7 Street Se Unit# 1-8

Interior

  • HeatingElectric Baseboard heaters

Exterior

  • ExteriorStucco
  • RoofTar & gravel

Listing Details

  • Listing OfficeHomelife Salmon Arm Realty.Com

Community Information

  • Area8 Plex
  • SubdivisionSE Salmon Arm
  • CitySalmon Arm
  • ProvinceBritish Columbia
  • Postal CodeV1E1E4

Amenities

  • Parking Spaces16

Interior Features

Mixed Flooring,,,,,,Smoke Detector Only,,,,,,,,,,Drywall

Additional Information

  • ZoningUnknown

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RE/MAX Shuswap Realty
Request a showing of 180 & 270 7 Street Se Unit# 1-8, a 0 bedroom, 0.00 bathroom Multi-Family in SE Salmon Arm, Salmon Arm. Built in 1970 and approximately 0 square feet in size, MLS #10280589 is currently listed for $2,125,000. To schedule a property tour, contact us at KelownaHomes.ca