Space
Finished area and layout
- Building Area
- 5,360 sqft
5,360 sqft
Building Area
16,988 sqft
Lot
1979
Year Built
Property Snapshot
Key details for this listing
MLS #1040054
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Year Built
- 1979
Lot
Land, frontage and setting
About This Property
This multi-family in Campbell River offers 5,360 sqft of building area on a 16,988 sqft lot. Built in 1979. The property has lot dimensions of 16988, zoned Unknown. The home features baseboard heaters, electric heating.
MLS Remarks
Exceptional investment and redevelopment opportunity in the heart of downtown Campbell River. This well-maintained multi-family property features 8 spacious two-bedroom rental units (2 units recently renovated), providing stable cash flow and strong upside potential. The property includes 15 on-site parking stalls, a valuable asset for both tenants and future development. Ideally located within walking distance to the ocean, shopping, restaurants, and key amenities. Investors can benefit from immediate rental income while holding for future appreciation. Developers will appreciate the significant redevelopment potential, as this property may be purchased individually or assembled with adjacent properties, creating an opportunity for approximately 96,000 sqft of future development. A rare change to secure strong income today and substantial development value for tomorrow. For more info please contact us at (604)-773-4080 (id:60351)
Full Listing Details
Address869 Alder St
MLS#1040054
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market135
Common InterestFreehold
Annual Tax$14,822
Structure TypeMulti-Family
AttachedAttached
StyleMultiplex
Year Built1979
CityCampbell River
ProvinceBritish Columbia
Postal CodeV9W2P4
Lot Size16,988 sqft
Lot Dimensions16988
Lot FeaturesCentral location, Sloping, See remarks, Other
ZoningUnknown
Zoning DetailsRM3
HeatingBaseboard heaters, Electric
ViewCity view, Ocean view
Annual Tax$14,822
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