1120 Shuswap Street SE

SE Salmon Arm, Salmon Arm

1120 Shuswap Street SE, SE Salmon Arm, Salmon Arm

Penthouse

8 Bedrooms

4 Bathrooms

Size: 2,970 sqft

Mnt Fee:

$959,000

About this Penthouse in SE Salmon Arm

Investment Opportunity with Development Upside Here’s your chance to own a fully rented 4-plex on a half-acre lot with approved plans in place to expand to 10 units. Whether you’re a seasoned investor or a builder looking for your next project, this property checks a lot of boxes. The current 4-plex brings in steady rental income, giving you cash flow while you line up your next steps. The lot is flat, easily accessible, and in a growing area with strong rental demand — all the groundwork is done. Approved Drawings and plans, engineering reports, environmental and more. Plans for an additional four plex and two units in the basement have already been approved, so you can hit the ground running. With location, income, and potential all working in your favour, this is a rare find. (id:14735)

Listed by Homelife Salmon Arm Realty.Com.

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The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

More Details

  • MLS®10359451
  • Bedrooms8
  • Bathrooms4
  • TypePenthouse
  • Size2,970 sqft
  • Year Built1960

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Latitude: 50.6916378

Longitude: -119.2846023


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