435 5TH AVENUE new

Burns Lake,BC V0J1E0

$ 1500000

- Bed

- Bath

8090 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,090 sqft

Price per Sqft $185

MLS Listing ID C8072085

Lot Size 1.390 Acres

Acres 1.39

Source BC Northern Real Estate Board

Property Description

Fantastic multi family property on 1.39 acre lot. The need for rental units in Burns Lake is on the rise, and this is your chance to jump in! 1 building built in 2024 has 4 x 2bdrm / 2 full baths, 1 older building with some recent renos with 4 X 2 bdrm/ 1 bath. Each unit has separate laundry. Fully tenanted with 1 year renewable leases and great tenants. Rents currently totalling $11,000 mth / $132k yr, plus tenants pay utilities. The lot has been cleared and ready for more development. As per Seller, town planners have given the OK for 32 units on the lot, with great potential for 20 (Buyer to verify). Check out the pavers in the parking lot! The potential is huge! (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

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