1120 Shuswap Street SE new Save Request In-Person Tour Request Virtual Tour
Salmon Arm,BC V1E1G2
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,970 sqft
Price per Sqft $322
Subdivision Se Salmon Arm
MLS Listing ID 10359451
Style Ranch
Bedrooms 8
Year Built 1960
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
Investment Opportunity with Development Upside Here's your chance to own a fully rented 4-plex on a half-acre lot with approved plans in place to expand to 10 units. Whether you're a seasoned investor or a builder looking for your next project, this property checks a lot of boxes. The current 4-plex brings in steady rental income, giving you cash flow while you line up your next steps. The lot is flat, easily accessible, and in a growing area with strong rental demand — all the groundwork is done. Approved Drawings and plans, engineering reports, environmental and more. Plans for an additional four plex and two units in the basement have already been approved, so you can hit the ground running. With location, income, and potential all working in your favour, this is a rare find. (id:24570)
Location
Province BC
Zoning Multi-Family
Rooms
Kitchen 4.0
Extra Room 1 Main level 5'6'' x 7'3'' Full bathroom
Extra Room 2 Main level 10'6'' x 11'11'' Bedroom
Extra Room 3 Main level 10'10'' x 11'3'' Primary Bedroom
Extra Room 4 Main level 8' x 9' Kitchen
Extra Room 5 Main level 15'3'' x 11'3'' Living room
Extra Room 6 Main level 5'1'' x 7'3'' Full bathroom
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Architectural Style Ranch
Others
Ownership Freehold