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$1,050,000

525 11TH Avenue, Castlegar, British Columbia, V1N 1J6

MLS® # 10375048

Castlegar BC, V1N 1J6

MLS® # 10375048

Property Information:

Opportunity Knocks..... in the form of this solid, well-maintained 6-plex located in a lovely elevated setting enjoynig panoramic mountain and valley views, excellenet sun-exposure and a stategically convenient location in popular Downtown Castlegar just steps from schools, parks, shopping, public transit and more! The building is in wonderful condition having received quality updates over the years to many of its interior finishes revealing an obvious pride of ownership. Tenants have generally been long term and vacancy has been at an absolute minimum under the current owner's watch. Four of the units feature generous, open concept two bedroom layouts with covered sun-decks while the other two are bright, well-sized one bedroom layouts. The building includes a coin-op laundry, tenant storage lockers, an owner's workshop, bright interior common hallways, well landscaped grounds, abundant parking, strong curb appeal and rear alley access. This is an attractive opportunity for real-estate investors to earn a solid return at an affordable price on a building that offers attainable conveniently located housing for those seeking rental accommodations in the Crossroads of the Kootenays! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Exterior Finish: Stucco, Wood
  • Flooring Type: Laminate, Linoleum, Tile
  • Roof Material: Tar & gravel
  • Roof Style: Unknown
  • Heating Type: Baseboard heaters

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Easy access
  • Amenities Nearby: Public Transit, Park, Recreation, Schools, Shopping
  • Built in: 1961
  • Features: Level lot
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Size: 0.23 Acres
  • Sewer: Municipal sewage system

Courtesy of: eXp Realty

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 525 11TH Avenue, Castlegar, British Columbia, V1N 1J6

Demographic Information of 525 11TH Avenue, Castlegar, British Columbia, V1N 1J6

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$77,085.64

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.03 %

High school certificate or equivalent

38.5 %

Apprenticeship trade certificate/diploma

13.94 %

College/non-university certificate

21.68 %

University certificate (below bachelor)

0.45 %

University Degree

8.41 %

Commuter

Travel To Work

By Car

88.78 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

11.22 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

16.8 %

Houses

83.2 %

Own Vs. Rent