231 Finlayson Street. Sicamous, British Columbia V0E2V1

REDUCED

$1,855,000

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Down Payment: Monthly Payment:
  • 6,949 SqFt
  • $266.94 / SqFt
  • Neighbourhood: Sicamous
  • HOA: N/a
  • MLS® #: 10383153
  • Year Built: 1970

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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
REALTOR.ca logo
Request a showing of 231 Finlayson Street, a 0 bedroom, 0.00 bathroom Multi-Family in Sicamous, Sicamous. Built in 1970 and approximately 6,949 square feet in size, MLS #10383153 is currently listed for $1,855,000. To schedule a property tour, contact us at KelownaHomes.ca