231 Finlayson Street, Sicamous, British Columbia V0E 2V1

Listed for:
$1,900,000
0 beds
0 baths
Listed 33 days ago
Multi-Family for rent: 231 Finlayson Street, Sicamous, British Columbia V0E 2V1

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About

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 7.3%. (id:27476)

Property Highlights

MLS® Number
10383153
Type
Multi-family
Ownership Type
Freehold
Land Size
0.76 ac|under 1 acre
Parking Space Total
20

Building

Building Type
Multi-Family
Storeys
1.00
Square Footage
6949 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Homelife Salmon Arm Realty.Com
MLS® number:
10383153
Agent:
Robert Mckibbon
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