925 RIVERSIDE AVE
- 23 UNIT MULTI-FAMILY BUILDING INVESTMENT PROPERTY
- Type: Commercial
- Style: 2 Storey
- Size: 20,872 sq. ft.
- Lot Size: 1.22 acres 115ft x 462ft
- Year Built: 1978 "approximate"
- Taxes: $14,587.00 (2016)
- MLS ® #: 10140814
GREAT INVESTMENT PROPERTY 23 suite apartment in Sicamous with recent appraisal on file and approximately $175,000 annual income. Solid 20,872 sq ft building with concrete fire walls, torch on roof (2003), alarm systems and smoke detectors. 15-one bedroom and 8-2 bedroom suites. Sitting on 1.22 acres walking distance to beach and town with potential for future expansion, in an area with super low vacancy rate. Well-maintained two-story building that has inground pool (not in use), green space and lower than market rents. Fully rented with many long-term tenants in place, all suites have been updated over the years, approximately nine units have been fully upgraded with new laminate flooring, kitchens, and bathrooms. This is a quality residential investment with a solid return.
For more information contact Jim Grieve 250-833-6312 email@example.com
or Jordan Grieve 250-833-7812 firstname.lastname@example.org
or visit www.jimgrievesalesteam.com
Marketed by Jim Grieve, Personal Real Estate Corporation
Homelife Salmon Arm Realty.com
Information is deemed to be correct but not guaranteed.
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