2509 4th Street S, Cranbrook, British Columbia V1C 5C5

Listed for:
$899,800
5 beds
3 baths
Listed 74 days ago
Triplex for rent: 2509 4th Street S, Cranbrook, British Columbia V1C 5C5

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Learn more about this property
Listing provided by:
Real Broker B.C. Ltd
MLS® number:
10353424
Agent:
Steven Throndson
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About

CASH FLOW Investment Alert! Over $1300/month cash flow and a 6% cap rate! Welcome to this brand new, energy-efficient Cranbrook triplex located in the highly sought-after community of Highlands. Nestled on a quiet, family-friendly street, this thoughtfully designed property offers incredible income potential, whether you choose to live in the spacious upper unit and rent out the lower suites, or hold the entire property as a solid investment. The upper unit features three bedrooms, luxury LVP flooring, high ceilings, and expansive triple-pane windows that flood the space with natural light and offer stunning views of Fisher Peak. A modern kitchen with stainless steel appliances anchors the open-concept living space, complemented by a generously sized spa-inspired bathroom and the convenience of in-suite laundry. The lower level includes 2 fully legal 1-bedroom suites, each with their own private entrance, outdoor space, parking, & in-suite laundry. All units are equipped with heat pump systems for efficient heating & a/c, ensuring year-round comfort and low operating costs. Ideally located just minutes from the Community Forest, Cranbrook Golf Course, hospital, College of the Rockies, excellent schools, and within walking distance to Western Financial Place, shopping, & more. With potential revenue of $5700+/month from all suites, this is a rare opportunity to own a brand new HIGH CASH FLOWING multi-unit investment property in one of Cranbrook’s most desirable neighborhoods. (id:27476)

Property Highlights

MLS® Number
10353424
Type
Single Family
Ownership Type
Freehold
Land Size
0.14 ac|under 1 acre
Parking Space Total
4

Building

Building Type
Triplex
Storeys
1.00
Square Footage
2184 sqft
Bathrooms Total
3
Bedrooms Total
5
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Heat Pump
Heating Fuel
Building Cooling Type
Heat Pump

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

Full bathroom
Main level
8'5'' x 11'1''
Bedroom
Main level
9'3'' x 10'3''
Bedroom
Main level
9'7'' x 10'3''
Primary Bedroom
Main level
14'7'' x 11'1''
Kitchen
Main level
18'4'' x 15'5''
Living room
Main level
14'10'' x 10'8''
Full bathroom
Additional Accommodation
7'6'' x 8'4''
Bedroom
Additional Accommodation
11'1'' x 10'9''
Living room
Additional Accommodation
12'2'' x 10'3''
Kitchen
Additional Accommodation
12'2'' x 11'7''
Full bathroom
Additional Accommodation
7'6'' x 8'4''
Bedroom
Additional Accommodation
11'1'' x 10'9''
Living room
Additional Accommodation
12'2'' x 10'3''
Kitchen
Additional Accommodation
12'2'' x 11'7''

Location