$ 1,900,000 – 231 Finlayson Street

This listing presented by Lorne Ayers. Contact Lorne by phone: (250) 860-1100 or email direct here.

Listing Info

Area: Sicamous
Property Type: Multi-family
Ownership: Freehold
MLS® Number: 10383153
Year Built: 1970
Lot Size: 0.76
Listing Status: Active
List Price: $ 1,900,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Multi-family – Sicamous

This well maintained 10-unit multi-family residential complex is ideally located within walking distance to Sicamous Town Beach, offering a rare investment opportunity with strong revenue potential and a welcoming community atmosphere. Comprised of six detached buildings, the property features a diverse mix of 1-, 2-, and 3-bedroom units, each with its own individual hydro meter. Significant updates have already been completed, including newer windows and doors, with more than half of the units partially or fully renovated—providing a turnkey opportunity for investors. The complex includes a thoughtfully converted former retail building now housing four bright, modern units with clean, white interiors. In addition, five separate freestanding homes offer six more rental units, each with its own unique character and private outdoor space. Tenants benefit from shared access to a generously sized storage shed and ample on-site parking. This is an exceptional opportunity to acquire a versatile, income-generating property in a desirable location. Cap Rate on list price is 7.3%. (id:6769)

Construction Info

Interior Finish: 6949
Flooring: Laminate,Vinyl
Sewer: Municipal sewage system
Parking: 20

Rooms Dimension

Listing Agent:

Robert McKibbon
(250) 804-6288

Brokerage:

Homelife Salmon Arm Realty.Com
(250) 832-7871
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