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1703 Menzies Street Unit# 303, Merritt

MLS® #10375009
About this Property

Investor alert! If you’ve been looking for a simple, low-maintenance way to get your foot in the real estate investing door, this 1 bedroom, 1 bathroom unit in Nicola Apartments is tough to ignore. Step inside to a functional galley kitchen that flows into your own dedicated dining area and a bright living room—a classic layout that just makes sense. The bedroom is generously sized, there’s a full bathroom, and you’ll love the extra storage: in-suite storage, deck storage, plus the bonus of your own hot water tank (hello, fewer shared-building surprises). Even better? This is a turnkey rental: currently tenanted at $1,100/month, with the tenant paying their own utilities, and they’d love to stay—meaning you can start collecting rent without the vacancy stress. It's even being fully managed if that's something you prefer. Numbers at a glance: Rent: $1,100/month, Strata fee: $249.37/month, Taxes: $1,522/year. Tenanted unit—please allow 24 hours notice for showings. Whether this is your first investment property or you’re adding a no-fuss rental to the portfolio, this is a smart little opportunity worth a look. (id:62865)

Property Information

Status

Active

Year Built

1978

Property Type

Apartment

Ownership

Condo/Strata

Parking Spaces

1

Annual Tax

$1,523

Parcel Number

026-943-310

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

1

Bathrooms

1

Living Area

586 square feet

Exterior & Lot

Community Features

Rentals Allowed
Building & Utilities

Roof

Other,Unknown

Heating

Baseboard heaters

Water Source

Municipal water

Sewer

Municipal sewage system

$139,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
1Beds
1Baths
586sqft
Association Details

Association Fee

$249 Monthly

Fee Includes

Property ManagementWaste RemovalGround MaintenanceWaterInsuranceReserve Fund ContributionsSewer
Listing Courtesy of

Office

Real Broker B.C. Ltd

Mortgage Calculator
$27,800

Loan Amount:

$111,200

Estimated Monthly Payment:

$542

This is an estimate for informational purposes only. Consult with a financial advisor.