Exceptional Multi-Unit Investment Opportunity Discover a versatile property offering outstanding potential for investors seeking reliable rental income or a property with strong long-term upside. Situated on a spacious 0.39-acre parcel and comprised of two separately titled properties, this offering includes a substantial two-storey fourplex as well as a detached two-bedroom home with an additional attic room. With some thoughtful updates, the overall income potential can be further enhanced. Conveniently located just behind Pips Grocery Store, this property benefits from steady demand. Beginning this September, the combined units are projected to generate approximately $48K+ in gross annual income, and the list price is below the current BC Assessment, adding exceptional value. A generous outdoor area provides added appeal for tenants and may offer options for future improvements or development. Live in one unit and rent the others, or lease all of them for maximum returns—the flexibility is yours. Showings are by appointment only, with a minimum of 48 hours’ notice. Opportunities like this are rare—schedule your viewing today. (id:47421)
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Detailed Information
Listing Contract Date
2025-12-04
Municipal ID
015-785-751
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Multi-family
Transaction Type
For sale
Views
Mountain view
Building
Appliances
Refrigerator, Dryer, Range - Electric, Washer
Architectural Style
Multi-level
Basement Type
Full
Constructed Date
1911
Construction Style (Split Level)
Other
Exterior Finish
Stucco, Vinyl siding
Flooring Type
Carpeted, Hardwood, Linoleum, Tile, Vinyl
Heating Fuel
Electric
Heating Type
Baseboard heaters, Forced air, See remarks
Roof Material
Metal
Roof Style
Unknown
Type
Multi-Family
Utility Water
Community Water User's Utility
Parking Spaces
Name
Spaces
Street
Land
Total Size
0.39 acres
Sewer
Municipal sewage system
Size of Irregular Land
0.39
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