$1,050,000

525 11TH Avenue, Castlegar

North Castlegar, Castlegar, BC V1N1J6

Commercial

Listed by eXp Realty · Simon Laurie

About this property

Opportunity Knocks..... in the form of this solid, well-maintained 6-plex located in a lovely elevated setting enjoynig panoramic mountain and valley views, excellenet sun-exposure and a stategically convenient location in popular Downtown Castlegar just steps from schools, parks, shopping, public transit and more! The building is in wonderful condition having received quality updates over the years to many of its interior finishes revealing an obvious pride of ownership. Tenants have generally been long term and vacancy has been at an absolute minimum under the current owner's watch. Four of the units feature generous, open concept two bedroom layouts with covered sun-decks while the other two are bright, well-sized one bedroom layouts. The building includes a coin-op laundry, tenant storage lockers, an owner's workshop, bright interior common hallways, well landscaped grounds, abundant parking, strong curb appeal and rear alley access. This is an attractive opportunity for real-estate investors to earn a solid return at an affordable price on a building that offers attainable conveniently located housing for those seeking rental accommodations in the Crossroads of the Kootenays! (id:67417)

Property details

Price

$1,050,000

MLS® number

10375048

Property type

Commercial · Multi-Family · Multi-family

Ownership

Freehold

Lot size

0.23 acres · 0.23

Year built

1961

Annual taxes

$3,707

Community

North Castlegar, Castlegar

Features

Heating

Baseboard heaters

Flooring

Tile, Laminate, Linoleum

Roof

Tar & gravel, Unknown

Exterior

Wood, Stucco

Lot

Level lot

Water

Municipal water

Sewer

Municipal sewage system

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