643 11th Avenue North Castlegar, British Columbia V1N 1J7
$989,000
Welcome to a unique investment opportunity in the heart of Castlegar! This well-maintained six-plex multifamily property offers a perfect blend of comfort, convenience, and income potential. This property features 6 well-designed apartments. Two units are 2-bedroom, 1 bathroom. Three units are 1 bedroom, 1 bathroom, and we have one studio suite. The building is 100% occupied, providing immediate cash flow with room for increased rental income. Situated in a desirable neighborhood, this property is conveniently located near Kootenay Market, the Liquor store, Crumbs Bakery, shopping centers, Millennium Park and public transportation. This six-plex presents an excellent opportunity for both seasoned investors and first-time buyers. With a strong rental history and low vacancy rates, this property promises a solid return on investment. Potential for rent increases and value appreciation makes this an ideal addition to any real estate portfolio. Don't miss out on this rare opportunity to own a thriving multifamily property. Schedule a viewing today and explore the potential this six-plex has to offer! (id:46227)
Property Details
| MLS® Number | 2479623 |
| Property Type | Multi-family |
| Community Name | North Castlegar |
| Amenities Near By | Shopping, Park, Airport, Ski Hill, Public Transit, Recreation Nearby, Golf Nearby, Schools, Stores, Ski Area |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area |
| Features | Central Location, Flat Site, Other, Paved Driveway, Level |
Building
| Amenities | Storage - Locker |
| Constructed Date | 1946 |
| Exterior Finish | Stucco |
| Flooring Type | Mixed Flooring |
| Size Interior | 3000 Sqft |
| Utility Power | Single Phase |
| Utility Water | Municipal Water |
Land
| Access Type | Easy Access |
| Acreage | No |
| Land Amenities | Shopping, Park, Airport, Ski Hill, Public Transit, Recreation Nearby, Golf Nearby, Schools, Stores, Ski Area |
| Landscape Features | Fully Landscaped |
| Sewer | See Remarks |
| Size Total Text | Under 1 Acre |
| Zoning Type | Multi-family |
https://www.realtor.ca/real-estate/27441666/643-11th-avenue-north-castlegar-north-castlegar
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September 20 2024 01:54:23
Kootenay Real Estate Board
Fair Realty