663 COLUMBIA Avenue, Castlegar
Exceptional Investment Opportunity! This value-packed combination of residential and commercial real estate offers stable returns of consistent revenue with strong potential for increased revenue over time. A modern, well maintained commercial structure, occupied by an established professional services tenant includes a flexible bachelor style residential space and is complimented by a detached residential building featuring 5 self-contained two bedroom rancher-style appartments. Each residential unit includes private outdoor yard spaces and an on-site parking lot serves the needs of both the residential and commercial tenants. Excellent commercial access to Columbia Avenue's service/commercial corridor is complimented by a peaceful setting accessible from 11th Avenue to the property's rear yelding an ideal mix of business exposure and residential enjoyment. The residential rental units are highly sought-after attracting longe term mature tenants seeking single level living in a peaceful locale with the convenience of shopping, services, parks, schools, public transit and more being just steps away. Storage units and shared coin-op laundry have been provided and the grounds are auto-irrigated for easy maintenance. Take the time to explore all that is included in this remarkable and unique offering in the growing community of Castlegar! (id:62865)
Status
Active
Year Built
1991
Property Type
Multi-Family
Ownership
Freehold
Annual Tax
$16,095
Parcel Number
015-707-806
Data Source
Association of Interior REALTORS®
Living Area
0 square feet
Lot Size
0.52 acres
View
Mountain view
Lot Features
Exterior Features
Roof
Asphalt shingle,Unknown
Heating
Baseboard heaters, Forced air, Electric, See remarks
Cooling
Central air conditioning
Water Source
Municipal water
Sewer
Municipal sewage system
Security
$1,890,000
Office
eXp Realty
Loan Amount:
$1,512,000
Estimated Monthly Payment:
$7,368
This is an estimate for informational purposes only. Consult with a financial advisor.
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