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For Sale
$659,900
MLS® 10347971
721-725 Shuswap Avenue
Chase, British Columbia, V0E1M0
- Interior
- 6,500 sqft
- Property type
- Other
- Building
- Residential Commercial Mix
- Lot size
- 0.15 acres
- Parking
- 2
- Ownership
- Freehold
Property facts
- Interior
- 6,500 sqft
- Property type
- Other
- Building
- Residential Commercial Mix
- Transaction
- For Sale
- Lot size
- 0.15 acres
- Parking
- 2
- Ownership
- Freehold
About this property
This offering is for land and buildings located in Chase BC in the city center. The property consist of 6 rental units. 4 main floor boutique retail spaces and 2 deluxe residential apartments on the upper floor as well as an older detached 2 car garage. The total building income would be appoximately $82,000 per year from all 6 units. The total operating costs are presently $23,000 per year leaving an income of close to $60,000.00 before tax and debt servicing. The main floor generates $3050 a month from the 4 Tenants of which 3 are long standing occupants. There is parking at the back as well as a detached older 18' x I 8' concrete cinder block garage. The property location is in the center of the town. The older building been has been well maintained. Please call or email for an info package. (id:53361)