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20,872 ft²
Multifamily
N/A
Not Available


The Building - 925 Riverside Avenue Sicamous

925 Riverside Avenue Sicamous BC GREAT INVESTMENT PROPERTY - 23 suite apartment in Sicamous with recent appraisal on file and approx $175,000 of annual income. Solid 20,872 sq ft building with concrete fire walls, torch on roof (2003), alarm systems and smoke detectors, with 15-one bedroom and 8 two bedroom suites. Sitting on 1.22 acres walking distance to beach and town with potential for future expansion, in an area with super low vacancy rates. Well maintained 2 storey building that has in ground pool (not in use), green space and lower than market rents. Fully rented with many long term tenants in place, all suites have been updated over the years, approximately 9 units have been fully upgraded with new laminate flooring, kitchens, and bathrooms. This is a quality residential investment with a solid return. mls10140814 For more information Jim Grieve PREC 250-833-6312 jdgrieve@shaw.ca or Jordan Grieve PREC 250-833-7812 jordangrieve@shaw.ca Marketed by Jim Grieve Personal Real Estate Corporation Homelife Salmon Arm Realty.com


Property TypeMultifamily
Floors2
Building Size20,872 ft²
ZoningR3
Managed ByHomelife Salmon Arm Realty

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