Space
Finished area and layout
- Living Area
- 6,949 sqft
+82 more
6,949 sqft
Living Area
0.76 ac
Lot
1970
Year Built
20
Parking
Property Snapshot
Key details for this listing
MLS #10383153
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Structure
- Bungalow
- Ownership
- Freehold
- Stories
- 1
- Year Built
About This Property
This multi-family in Sicamous offers 6,949 sqft of living area on a 0.76 ac lot. Built in 1970, 1 storey. The property has lot dimensions of 0.76. The home features laminate and vinyl flooring, baseboard heaters heating.
MLS Remarks
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:60351)
Full Listing Details
Address231 Finlayson Street
MLS#10383153
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market195
Common InterestFreehold
Annual Tax$8,242
Parking20
Structure TypeMulti-Family
AttachedAttached
StyleBungalow
Year Built1970
Living Area6,949 sqft
Stories1
CitySicamous
NeighbourhoodSicamous
ProvinceBritish Columbia
Postal CodeV0E2V1
Lot Size0.76 ac
Lot Dimensions0.76
Total Parking20
HeatingBaseboard heaters
FlooringLaminate, Vinyl
RoofMetal, Other, Unknown
AppliancesRefrigerator, Range - Electric, Washer & Dryer
SecuritySmoke Detector Only
CommunityRentals Allowed
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$8,242
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