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231 Finlayson Street, Sicamous
231 Finlayson Street, Sicamous
231 Finlayson Street, Sicamous
231 Finlayson Street, Sicamous
231 Finlayson Street, Sicamous
+5 more

231 Finlayson Street, Sicamous, British Columbia

$1,795,000
6,949
Square feet
0.7600
Acres

About 231 Finlayson Street

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 7.1%. (id:66920)

Key Features

  • Refrigerator
  • Range - Electric
  • Washer & Dryer
  • Bungalow
  • Rentals Allowed
  • Smoke Detector Only
  • Baseboard heaters
  • Laminate
  • Vinyl
  • Multi-Family
Arun Verma
Arun Verma
Real Estate Associate, Founder & Lead Partner
Cell: +1 403-831-7931 VIEW REALTOR® PROFILE

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Estimated monthly payment
$8,395
/month · principal + interest

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Listing courtesy of Association of Interior REALTORS®.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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