5841-5847 COLUMBIA STREET
Solid turn-key income producing property
- 10 - unit multi-family investment property is centrally located in the heart of the Oliver,
- Type: Other
- Style: Other "Multi-family"
- Development Level: Built
- Lot Size: 0.803 acres
- Year Built: 1969
- Taxes: $8,049.00 CAD (2020)
- MLS ® #: 187486
5847 & 5841 COLUMBIA STREET & 652 GRANBY AVE: This 10 - unit multi-family investment property is centrally located in the heart of the Oliver, the Wine Capital of Canada. The property has been well maintained over the years and has a long track record of happy tenants. Each unit has 2 bedrooms and 1 bathroom with open street parking in the front and a private courtyard and additional parking behind. There is a coin laundry and parking compound that can generate extra income in addition to the rent. The parking compound may also be developed to add additional rentals units. This is a solid turn-key income producing property generating a 5% cap rate with room for growth!
Site Influences Central Location, Easy Access, Recreation Nearby, Quiet Area, Shopping Centre, School Nearby
Bldg. Sqft. 6,352
Information is deemed to be correct but not guaranteed.
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