643 11th Avenue Castlegar, BC V1N 1J7
Listing Courtesy of:  CREA / Fair Realty (nelson)

  643 11th Avenue Castlegar, BC V1N 1J7

Active (63 Days)
$738,626
3,000
SQFT
See Similar Listings

Description

Welcome to a unique investment opportunity in the heart of Castlegar! Two separate lots and a six plex all for one price! This well-maintained six-plex multifamily property offers a perfect blend of comfort, convenience, and income potential. This property features 6 well-designed apartments. Two units are 2-bedroom, 1 bathroom. Three units are 1 bedroom, 1 bathroom, and we have one studio suite. The building is 100% occupied, providing immediate cash flow with room for increased rental income. Situated in a desirable neighborhood, this property is conveniently located near Kootenay Market, the Liquor store, Crumbs Bakery, shopping centers, Millennium Park and public transportation. This six-plex presents an excellent opportunity for both seasoned investors and first-time buyers. With a strong rental history and low vacancy rates, this property promises a solid return on investment. Potential for rent increases and value appreciation makes this an ideal addition to any real estate portfolio. Sell off one lot and keep the six-plex, or look into permitting to build another multiplex on the vacant lot with R3 zoning. There may be opportunity to build on the second lot with variance approval. Don?t miss out on this rare opportunity to own a thriving multifamily property. Schedule a viewing today and explore the potential this six-plex has to offer! (id:41440)

MLS®:
2479623
Lot Size
0.28 acres
Type
Multifamily
Year Built
1946
Style
Split Level Entry
County
Central Kootenay

Listed By

Sheila Chutskoff, Fair Realty (nelson)
Source
CREA
Last checked Nov 21 2024 at 6:37 PM PST
Bathroom Details
Interior Features
  • Washer & Dryer
  • Oven
  • Refrigerator
Lot Information
  • Balcony
  • See Remarks
  • Level Lot
Heating and Cooling
  • Forced Air
  • Baseboard Heaters
Flooring
  • Mixed Flooring
Exterior Features
  • Stucco
  • Roof: Unknown
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Municipal Sewage System
Parking
  • Total: 6
  • Covered
Stories
  • 3
Living Area
  • 3,000 sqft
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Disclaimer: REALTOR.CA 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. Listing Data Last Updated: 11/21/24 10:37

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