180 & 270 7 Street SE Unit# 1-8

180 & 270 7 Street SE Unit# 1-8
Salmon Arm, British Columbia V1E1E4


$2,125,000

6% CAP in Downtown Salmon Arm. Multi-family Residential Eight Plex. Double Four-plex attached townhomes with R4 zoning and past zero vacancy record located on two titles side by side. Each unit is approx 1200 SqFt with 3 Bedrooms & 1.5 Bathrooms and include a full basement with laundry. Separate metering for each, fully compliant multi family townhome property. Walking distance to all amenities. 3 units recently upgraded to higher rents ($2200 to $2400/month). Current rent roll offers a 6% CAP rate. Priced well below replacement value UNDER at $270,000/unit! Seller will also consider selling a 4 Plex separately. (id:3942)
ID# 10280589
Courtesy of Homelife Salmon Arm Realty.Com

Listed on: July 20, 2023

On market: 290 days
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8
  • 180 & 270 7 Street SE Unit# 1-8

Baseboard heaters

Half Bathrooms Total 0
Year Built 1970
Flooring Type Mixed Flooring
Heating Type Baseboard heaters
Heating Fuel Electric

MORTGAGE CALC.


Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate