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$ 1,500,000
Est. payment | /mo
8,090 SqFt
$ 1,500,000
Est. payment | /mo
8,090 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
Listed by Royal LePage Aspire Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "