Excellent fourplex investment opportunity with a strong CAP rate. This turnkey revenue property generates $7,600 per month in rental income. The property is professionally managed per month, offering minimal owner involvement, with the option for the new owner to continue with current management. One time fees for finding tenants: $500 for the single Bedroom units & $650 for the two bedroom units. Management company charges for snow removal and repairs. Specific pricing is discussed between the Landlord and Management. Situated on a large 2.3-acre site zoned MX-1 (Mixed Use) under the City of Clearwater, the property allows for multiple business and mixed-use opportunities. Full zoning details and permitted uses are outlined in the supporting documents. Showings: A minimum of 24 hours’ notice is required for all showings. All showings must be booked through ShowingTime. The listing agent will coordinate directly with the management company to arrange access. Contact for further details. All measurements are approximate. (id:4069)
Address
73 TAREN Drive
List Price
$999,900
Property Type
Single Family
Type of Dwelling
Single Family
Transaction Type
Sale
Area
British Columbia
Sub-Area
Clearwater
Bedrooms
5
Bathrooms
4
Floor Area
3,650 Sq. Ft.
Lot Size
2.32 Sq. Ft.
Year Built
1991
MLS® Number
10375333
Listing Brokerage
eXp Realty (Kamloops)
Postal Code
V0E1N2
