Active

360 4th Ave

Campbell River BC, V9W 3W6

$1,700,000


$253.88 per sqft

Active

17 Beds

6 Baths

6,696 sqft

Condos

Built in 1965

Investment Opportunity: 6-Unit Multiplex

Don't miss this well-maintained 6-unit multiplex with a perfect occupancy record for the past three years. 4 three bedroom and 2 two bedroom units. Remodeled five years ago, the property features modern amenities that attract tenants.

Key Features:

Strong Financials: 100% occupancy with a cap rate near 6%, ensuring reliable cash flow.
Prime Location: Close to schools, public transport, shopping, and local amenities.
Updated Units: Contemporary finishes and layouts enhance tenant satisfaction and minimize maintenance.
Financials Available: Income and expense reports can be provided upon signing a Non-Disclosure Agreement (NDA).
This multiplex is a solid investment with great potential. For more details or to schedule a viewing, contact us today!

984710

MLS ID

January 27, 2025

Listed

February 20, 2025

Updated

Interior Features

Bedrooms

17


Total Bathrooms

6


Laundry Description

In Unit


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.28 Acres


Roof

Asphalt Torch On


Sewer

Sewer Connected

Other Property Details

Area Name

Campbell River


Taxes

$9,413


Tax Frequency

Annually


Days on Market

15


Garage

No


Parking

Other


Parking Total

0


View

No


County

Campbell River, City of


Water Source

Municipal


Pets Allowed

Yes


Pool

No

Courtesy of Royal LePage Advance Realty, Mark Ranniger

Listing Contact: 250-286-3293 

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