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:4069)
Address
1120 Shuswap Street SE
List Price
$959,000
Property Type
Single Family
Type of Dwelling
Fourplex
Style of Home
Ranch
Transaction Type
sale
Area
British Columbia
Sub-Area
Salmon Arm
Bedrooms
8
Bathrooms
4
Floor Area
2,970 Sq. Ft.
Lot Size
0.5 Ac.
Year Built
1960
MLS® Number
10359451
Listing Brokerage
Homelife Salmon Arm Realty.Com
Postal Code
V1E1G2
