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$899,000

Keremeos BC, V0H 1N2

MLS® # 10366120

Property Information:

FANTASTIC OPPORTUNITY - CAP RATE 5.57% - Be a land baron for under $900,000 - 4 two-bedroom and 2 one-bedroom units on 2 levels. on a 0.331 AC lot. Well organized property with tons of future potential. Metal roof, on demand hot water system, Entry is controlled from enter phone, Electrical is the responsibility of the tenants, parking is ample and open. Storage available for all units. 1/2 the units upgraded, rental increase possible, lots of potential. City water, private septic. Private lot with tall hedges. Investment-wise, Great rate of return. The location is central to schools, downtown, and to the highway. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Fire Protection:
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric, Other

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Easy access
  • Amenities Nearby: Schools, Shopping
  • Built in: 1973
  • Sewer: Septic tank
  • Parking Type: Other

Courtesy of: Chamberlain Property Group

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 716 3RD Avenue, Keremeos, British Columbia, V0H 1N2

Demographic Information of 716 3RD Avenue, Keremeos, British Columbia, V0H 1N2

Life Stage

Older Couples

Employment Type

Mixed

Average Household Income

$86,998.91

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.67 %

High school certificate or equivalent

32.0 %

Apprenticeship trade certificate/diploma

12.67 %

College/non-university certificate

22.0 %

University Degree

8.66 %

Commuter

Travel To Work

By Car

91.84 %

By Public Transit

0.0 %

By Walking

6.12 %

By Bicycle

0.0 %

By Other Methods

2.04 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

3.9 %

Houses

96.1 %

Own Vs. Rent