Description
This well maintained 10-unit multi-family residential complex is ideally located within walking distance to Sicamous Town Beach, offering a rare investment opportunity with strong revenue potential and a welcoming community atmosphere. Comprised of six detached buildings, the property features a diverse mix of 1-, 2-, and 3-bedroom units, each with its own individual hydro meter. Significant updates have already been completed, including newer windows and doors, with more than half of the units partially or fully renovated—providing a turnkey opportunity for investors. The complex includes a thoughtfully converted former retail building now housing four bright, modern units with clean, white interiors. In addition, five separate freestanding homes offer six more rental units, each with its own unique character and private outdoor space. Tenants benefit from shared access to a generously sized storage shed and ample on-site parking. This is an exceptional opportunity to acquire a versatile, income-generating property in a desirable location. Cap Rate on list price is 7.1%. (id:6289)
231 Finlayson Street - Subdivision Statistics
| Avg. asking price | $676,380 |
| Price per sq. ft. | $378 |
| Median price | $547,000 |
| Number of homes for sale in Sicamous | 128 |
| Number of homes for sale in Sicamous | 88 |
| Avg. Days on Market | N/A |
Essential Information
- Listing #10383153
- Price$1,855,000
- Bathrooms0.00
- Square Footage6,949
- Acres0.76
- Year Built1970
- TypeMulti-family
- Sub-TypeMulti-Family
- StyleBungalow
Amenities
- Parking Spaces20
Interior Features
Laminate, Vinyl,,,,,,Smoke Detector Only,,,,,,,,,,Drywall
Exterior
- RoofMetal,Other
Community Information
- Address231 Finlayson Street
- SubdivisionSicamous
- CitySicamous
- ProvinceBritish Columbia
- Postal CodeV0E2V1
Interior
- HeatingBaseboard heaters
- # of Stories1
Appliances
Refrigerator, Range - Electric, Washer & Dryer
Listing Details
- Listing OfficeHomelife Salmon Arm Realty.Com













































































































































































