$ 1,675,000
5580 MANSON AVE Powell River, BC
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$ 1,675,000
Est. payment | /mo
6,198 SqFt
$ 1,675,000
Est. payment | /mo
6,198 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,198 sqft
Price per Sqft $270
MLS® Listing ID 18274
Originating Board Powell River Sunshine Coast Real Estate Board
Year Built 1965
Lot Size 0.820 Acres
Acres 35719.2
Property Description
APARTMENT COMPLEX FOR SALE - 12 large 2 bedroom apartments in a private, landscaped setting in the quiet neighbourhood of Cranberry. 100% occupied to long term tenants, generating strong cash-flow. Average rents are well below market level so there's significant upside for income growth. Building has been well maintained with regular upgrades. Each unit has it's own laundry. There's ample parking and the property is located on a bus route with regular service into Westview. The recreation complex is close by and other local amenities, including shops, restaurants and senior services, are within walking distance. Cranberry Lake, Inland Lake and many walking and biking trails are also nearby. This is an excellent long term investment opportunity. Call the listing agent for financials and to arrange a viewing. (id:24570)
Location
Province BC
Exterior
Garage No
Community Features Adult Oriented
View Y/N No
Private Pool No
Listed by ROYAL LEPAGE POWELL RIVER
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "