$960,000

Investment For Sale In Kimberley, British Columbia

$960,000

Property Information:

Located in the highly desirable Chapman Camp neighborhood of Kimberley, this fully occupied eight-unit apartment building sits on a 0.35-acre double lot backing directly onto the Rails to Trails network and directly across from the Kimberley Independent School. A quick commute will also get you to the swimming pool, Civic Center, Lion's Way Trail and the Platzl. The building comprises four 2-bedroom units and four 1-bedroom units, each featuring a full 4-piece bathroom. Flooring and paint has been updated throughout, three units boast newer kitchens, and two units are currently offered furnished. Tenants enjoy complimentary access to on-site shared laundry, small individual garden beds, and practical amenities including four double carports (providing one covered parking space per unit) and one private, lockable storage shed per unit. Ground-level suites feature quaint covered patios, while upper-level suites enjoy private walk-up entries that double as decks. Additional capital improvements completed within the last 20 years include updates to the roofing, windows, and boiler system. The property also features a large 8x42-foot building currently utilized by the owner, offering excellent utility for maintenance, storage, or workshop use. This is a pet and smoke free building. Showings for this exceptional investment opportunity will be arranged for qualified buyers following a review of the information package; please provide ample notice to accommodate tenant schedules.

Property Features:

  • Annual Tax Amount: $7,566
  • Built in: 1968
  • Construction Materials: Block, Stucco, Wood Siding
  • Cooling: None
  • Heating: Hot Water
  • Lot Size: 0.35 Acres
  • Parking Features: Detached Carport
  • Water Source: Public
  • Sewer: Public Sewer

Courtesy of: Royal LePage East Kootenay Realty

This listing content provided by Association of Interior REALTORS.