55 103 Avenue, Kimberley, BC, V1A 1B1

MLS® # 10394659

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Investment For Sale In Kimberley, British Columbia

$960,000

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55 103 Avenue, Kimberley, BC, V1A 1B1

$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

This listing content provided by Association of Interior REALTORS.

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Notes:

Tara Sykes

Salesperson/REALTOR® Royal LePage East Kootenay Realty *

Mobile:250.427.6496

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Market Price Trends

Location of 55 103 Avenue, Kimberley, BC, V1A 1B1

Lifestyle
Neighbourhood

Demographic Information of 55 103 Avenue, Kimberley, BC, V1A 1B1

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$109,835.09

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.27 %

High school certificate or equivalent

28.15 %

Apprenticeship trade certificate/diploma

9.24 %

College/non-university certificate

21.16 %

University certificate (below bachelor)

4.61 %

University Degree

19.57 %

Commuter

Travel To Work

By Car

88.71 %

By Public Transit

5.18 %

By Walking

0.54 %

By Bicycle

0.23 %

By Other Methods

5.34 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.02 %

Houses

94.98 %

Own Vs. Rent

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55 103 Avenue, Kimberley, BC, V1A 1B1 $960,000 MLS® # 10394659