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$ 914,000
Est. payment | /mo
1.15 Acres Lot
$ 914,000
Est. payment | /mo
1.15 Acres Lot
Key Details
Property Type Multi-Family, Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Subdivision Sandy Point
MLS® Listing ID 202620794
Year Built 1992
Lot Size 1.145 Acres
Acres 1.1452
Property Sub-Type Condo
Property Description
Secure a stable, cash-flowing asset in the heart of Sandy Point. This unique investment opportunity offers two acquisition packages as one, each featuring freehold, non-zoned properties with a proven history of success. Expands on Package 1 by adding three additional lots, totalling 8 units across 1.14 acres, comprising 21 bedrooms and 11 bathrooms. Meticulously maintained by the same ownership since 1996, the property has undergone significant improvements including updated roofs, siding, decks, and interiors, ensuring lasting appeal. With a consistent 96% average annual occupancy rate and month-to-month flexibility, these units offer immediate, reliable returns. Located just 650m from the Roseway Hospital and NSCC Shelburne Campus, the property is perfectly positioned for young professionals. With pro-growth municipal support and flexible, non-defined zoning, this is an ideal site for either ongoing rental operations or future development. (id:24570)
Location
Province NS
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Laminate, Vinyl, Other, Vinyl Plank
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
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864D 8th Street, Kamloops, BC V2B 2X3, CAN
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