BC > Castlegar > North Castlegar
Castlegar, BC V1N1J7,643 11TH Avenue
Castlegar, BC V1N1J7,643 11TH Avenue
Castlegar, BC V1N1J7,643 11TH Avenue
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Muhamed Awada

Muhamed Awada

eXp Realty

+1(613) 720-4237
$989,000
Est. payment /mo
3,000 SqFt
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Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $329

Subdivision North Castlegar

MLS® Listing ID 2479623

Style Split level entry

Year Built 1946

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property Description

Welcome to a unique investment opportunity in the heart of Castlegar! Two separate lots and a six plex all for one price! This well-maintained six-plex multifamily property offers a perfect blend of comfort, convenience, and income potential. This property features 6 well-designed apartments. Two units are 2-bedroom, 1 bathroom. Three units are 1 bedroom, 1 bathroom, and we have one studio suite. The building is 100% occupied, providing immediate cash flow with room for increased rental income. Situated in a desirable neighborhood, this property is conveniently located near Kootenay Market, the Liquor store, Crumbs Bakery, shopping centers, Millennium Park and public transportation. This six-plex presents an excellent opportunity for both seasoned investors and first-time buyers. With a strong rental history and low vacancy rates, this property promises a solid return on investment. Potential for rent increases and value appreciation makes this an ideal addition to any real estate portfolio. Sell off one lot and keep the six-plex, or look into permitting to build another multiplex on the vacant lot with R3 zoning. There may be opportunity to build on the second lot with variance approval. Don?t miss out on this rare opportunity to own a thriving multifamily property. Schedule a viewing today and explore the potential this six-plex has to offer! (id:24570)

Location

Province BC

Zoning Multi-Family

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Forced air

Flooring Mixed Flooring

Exterior

Parking Features Yes

Community Features High Traffic Area, Pets Allowed, Rentals Allowed

View Y/N No

Roof Type Unknown

Total Parking Spaces 6

Private Pool No

Building

Lot Description Level

Story 3

Sewer Municipal sewage system

Architectural Style Split level entry

Others

Ownership Freehold

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Listed by Fair Realty (Nelson)

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agent

Muhamed Awada

+1(613) 720-4237

Real Estate Agent | License ID: 4726552

Real Estate Agent License ID: 4726552

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