1120 Shuswap Street Se. Salmon Arm, British Columbia V1E1G2

$959,000

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Down Payment: Monthly Payment:
  • 8 Beds
  • 2,970 SqFt
  • $322.90 / SqFt
  • Neighbourhood: SE Salmon Arm
  • HOA: N/a
  • MLS® #: 10359451
  • Year Built: 1960

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MLS® 10359451 is as 2,970sqft Fourplex located at 1120 Shuswap Street Se, in Salmon Arm British Columbia. The property features 8 bedrooms, and 4.00 bathrooms.

Description

Investment Opportunity with Development Upside Here’s your chance to own a fully rented 4-plex on a half-acre lot with approved plans in place to expand to 10 units. Whether you’re a seasoned investor or a builder looking for your next project, this property checks a lot of boxes. The current 4-plex brings in steady rental income, giving you cash flow while you line up your next steps. The lot is flat, easily accessible, and in a growing area with strong rental demand — all the groundwork is done. Approved Drawings and plans, engineering reports, environmental and more. Plans for an additional four plex and two units in the basement have already been approved, so you can hit the ground running. With location, income, and potential all working in your favour, this is a rare find. (id:6289)

1120 Shuswap Street Se - Subdivision Statistics

Avg. asking price $759,385
Price per sq. ft. $318
Median price $699,000
Number of homes for sale in Se Salmon Arm 49
Number of homes for sale in Salmon Arm 180
Avg. Days on Market N/A

Essential Information

  • Listing #10359451
  • Price$959,000
  • Bedrooms8
  • Bathrooms4.00
  • Square Footage2,970
  • Acres0.50
  • Year Built1960
  • TypeSingle Family
  • Sub-TypeFourplex
  • StyleRanch

Amenities

  • ParkingAdditional Parking

Listing Details

  • Listing OfficeHomelife Salmon Arm Realty.Com

Community Information

  • Address1120 Shuswap Street Se
  • SubdivisionSE Salmon Arm
  • CitySalmon Arm
  • ProvinceBritish Columbia
  • Postal CodeV1E1G2

Interior

  • Interior FeaturesDrywall
  • HeatingForced air
  • # of Stories1
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Request a showing of 1120 Shuswap Street Se, a 8 bedroom, 4.00 bathroom Fourplex in SE Salmon Arm, Salmon Arm. Built in 1960 and approximately 2,970 square feet in size, MLS #10359451 is currently listed for $959,000. To schedule a property tour, contact us at KelownaHomes.ca