Kootenay Office Listings

643 11TH Avenue
North Castlegar Castlegar V1N 1J7

$989,000
Multi-family built: 1946

Main Photo: 643 11TH  Avenue in Castlegar: Multi-family for sale : MLS®# 2479623
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
2479623
Year Built:
1946
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:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
3,000 sq. ft.
Zoning:
Multi-Family
Association Fee:
0.0
Association Fee Frequency:
Monthly
Association Fee Includes:
Pad Rental
Taxes:
$3,929 / -
Community:
North Castlegar
Exterior Features:
Stucco
Community Features:
High Traffic Area, Pets Allowed, Rentals Allowed
Structure Type:
Multi-Family
Power Type:
Single Phase
Utilities:
Water, Sewer, Natural Gas, Electricity, Cable, Telephone
Appliances Included:
Refrigerator, Oven, Washer & Dryer
Home Style:
Split level entry
Half Bathrooms:
0
Roof:
Asphalt shingle, Unknown
Fireplace:
No
Floor finish:
Mixed Flooring
Heating:
Baseboard heaters, Forced air
Roof Style:
Asphalt shingle, Unknown
# Storeys:
3.0
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Size:
12,196.8 sq. ft.
Lot Details:
0.28
Lot Features:
Level lot, See remarks, Balcony
Parking:
Covered
Total Parking Spaces:
6
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Listed by Fair Realty (Nelson)
Data was last updated November 6, 2024 at 11:15 PM (UTC)
Sheila Chutskoff, REALTOR®
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.