
Multi-Family For Sale
$1,900,000
MLS® Number: 10383153
Floor Area
6,949
Land Size
0.76
Year Built
1970
Multi-Family For Sale
$1,900,000
Floor Area
6,949
Land Size
0.76
Year Built
1970
231 Finlayson Street, Sicamous, British Columbia
About This Property
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%.
Property Details
Interior Details
Appliances
Refrigerator, Range - Electric, Washer & Dryer
Bathrooms Partial
0
Flooring
Laminate, Vinyl
Heating
Baseboard heaters
Living Area
6949 sqft
Building & Exterior
Architectural Style
Bungalow
Stories
1.0
Year Built
1970
Land & Location
City Region
Sicamous
Community Features
Rentals Allowed
Lot Size Area
0.76 acres
Lot Size Dimensions
0.76
Parcel Number
003-424-791
Postal Code
V0E2V1
Listing & Financials
Listing Office
Homelife Salmon Arm Realty.Com
Originating System Name
Association of Interior REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Parking Total
20
Security Features
Smoke Detector Only
Listed By
Homelife Salmon Arm Realty.Com
Mortgage Calculator
Estimated Monthly Payment
$9,334
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$9,334
Principal and interest only. Actual rates may vary.