231 Finlayson Street, Sicamous, British Columbia

$1,855,000

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6,949

Square feet

0.76

Acres

About 231 Finlayson Street

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 7.1%. (id:36535)

Features of 231 Finlayson Street

Listing # 10383153
Price $1,855,000
Bathrooms 0.00
Square Footage 6,949
Acres 0.76
Year Built 1970
Type Multi-family
Sub-Type Freehold
Style Bungalow

Community Information

Address 231 Finlayson Street
Subdivision Sicamous
City Sicamous
Province British Columbia
Postal Code V0E2V1

Amenities

Parking Spaces 20
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Range - Electric, Washer & Dryer
Heating Baseboard heaters
Fireplace No
# of Stories 1
Has Basement No

Exterior

Roof Material Metal,Other
Roof Style Unknown,Unknown

Listing Details

OfficeCourtesy Of Homelife Salmon Arm Realty.Com

Listing Map