3915 OLD RED MOUNTAIN Road, Rossland
Excellent Rossland / Red Mountain INVESTMENT opportunity at THE BLOCK!! This property has been substantially renovated to include 4 one-bedroom apartments for long-term rentals, 7 hostel rooms for nightly rentals (with shared common areas, laundry and storage lockers) and a campground with 6 fully serviced RV sites as well as an open field for camping! Located one minute from world-class skiing at Red Mountain Resort and one minute from the top of Rossland with biking & walking trails right out the door! The zoning on this property allows for multiple uses and it has a great CAP rate! Contact your REALTOR for more information on this great income property. **Note - room sizes and floor plans are approximate for Apartment #2 and Hostel Rooms 1,2,3,6 and 7 ** (id:62865)
Status
Active
Year Built
1963
Property Type
Multi-Family
Ownership
Freehold
Annual Tax
$9,569
Parcel Number
030-703-395
Data Source
Association of Interior REALTORS®
Lot Size
0.74 acres
Lot Features
Exterior Features
Roof
Metal,Unknown
Heating
No heat
Water Source
Municipal water
Sewer
Municipal sewage system
$1,525,000
Office
Century 21 Kootenay Homes (2018) Ltd
Loan Amount:
$1,220,000
Estimated Monthly Payment:
$5,945
This is an estimate for informational purposes only. Consult with a financial advisor.
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