409 Shuswap Avenue, Chase
Prime Investment Opportunity in Chase. Explore this outstanding corner lot property featuring 8 separate suites and a vacant frontage lot, zoned C-3 for optimal road exposure. The property consists of two separate buildings, each with 4 units, on a .46-acre lot offering significant development potential, see Village bylaws. Situated in an excellent location near Shuswap Lake, golfing, and shopping. This revenue-generating property is ideal for investors aiming to leverage its exceptional location and future development prospects. Recent updates have been made to several of the units, including new flooring, paint & appliances. One unit has been completely renovated with updated appliances, air conditioning, heat pump, gyproc, paint, flooring & windows. Both buildings feature a 2025 tin roof and new eaves. This is a perfect opportunity for investors looking to capitalize on a property with both immediate rental income and long-term development potential. (id:62865)
Status
Active
Year Built
1955
Property Type
Multi-Family
Ownership
Freehold
Parking Spaces
8
Annual Tax
$4,415
Parcel Number
023-544-121
Data Source
Association of Interior REALTORS®
Living Area
0 square feet
Basement
Crawl space
Lot Size
0.45 acres
Frontage
100.0 feet
Lot Features
Exterior Features
Roof
Metal,Unknown
Heating
Baseboard heaters, Electric
Cooling
See Remarks
Water Source
Municipal water
Sewer
Municipal sewage system
$825,000
Office
REMAX Kamloops
Loan Amount:
$660,000
Estimated Monthly Payment:
$3,216
This is an estimate for informational purposes only. Consult with a financial advisor.
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