869 Alder St, Campbell River, British Columbia V9W 2P4

Listed for:
$1,749,000
0 beds
0 baths
Listed 10 days ago
Multi-Family for rent: 869 Alder St, Campbell River, British Columbia V9W 2P4

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About

Exceptional investment and redevelopment opportunity in the heart of downtown Campbell River. This well-maintained multi-family property features 8 spacious two-bedroom rental units (2 units recently renovated), providing stable cash flow and strong upside potential. The property includes 15 on-site parking stalls, a valuable asset for both tenants and future development. Ideally located within walking distance to the ocean, shopping, restaurants, and key amenities. Investors can benefit from immediate rental income while holding for future appreciation. Developers will appreciate the significant redevelopment potential, as this property may be purchased individually or assembled with adjacent properties, creating an opportunity for approximately 96,000 sqft of future development. A rare change to secure strong income today and substantial development value for tomorrow. For more info please contact us at (604)-773-4080 (id:27476)

Property Highlights

MLS® Number
1040054
Type
Multi-family
Ownership Type
Freehold
Land Size
16988 sqft

Building

Building Type
Multi-Family
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Location

Learn more about this property
Listing provided by:
Sutton Group-West Coast Realty
MLS® number:
1040054
Agent:
Hooman Sheikhy
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