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180 & 270 7 Street SE Unit# 1-8, Salmon Arm, British Columbia, V1E 1E4

MLS® # 10280589
Investment For Sale In Salmon Arm, British Columbia
$2,125,000
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC -  With View
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor With Facade
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor With Facade
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor With Facade
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Other
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Kitchen
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Kitchen With Double Sink
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Kitchen
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Basement
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Bathroom
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Bathroom
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Laundry Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor With Facade
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Other
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC -
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC  -  With View
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC  - Outdoor
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC  - Outdoor
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC  - Outdoor With Facade
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor With Facade
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor With Facade
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Other
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Kitchen
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Kitchen With Double Sink
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Kitchen
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Basement
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Bathroom
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Bathroom
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Laundry Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Indoor Photo Showing Other Room
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor With Facade
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Outdoor
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC - Other
180 & 270 7 Street Se Unit# 1-8, Salmon Arm, BC -
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180 & 270 7 Street SE Unit# 1-8, Salmon Arm, British Columbia, V1E 1E4
$2,125,000

Property Information:

6% CAP in Downtown Salmon Arm. Multi-family Residential Eight Plex. Double Four-plex attached townhomes with R4 zoning and past zero vacancy record located on two titles side by side. Each unit is approx 1200 SqFt with 3 Bedrooms & 1.5 Bathrooms and include a full basement with laundry. Separate metering for each, fully compliant multi family townhome property. Walking distance to all amenities. 3 units recently upgraded to higher rents ($2200 to $2400/month). Current rent roll offers a 6% CAP rate. Priced well below replacement value UNDER at $270,000/unit! Seller will also consider selling a 4 Plex separately. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Exterior Finish: Stucco
  • Fire Protection:
  • Flooring Type: Flooring Type
  • Roof Material: Tar & gravel
  • Roof Style: Unknown
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1970
  • Community Features: Pets Allowed
  • Lot Frontage: 188.0 Feet
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 16

Courtesy of: Homelife Salmon Arm Realty.Com

REALTOR.ca  

Location of 180 & 270 7 Street SE Unit# 1-8, Salmon Arm, British Columbia, V1E 1E4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

26 hot days expected in 2050

Projected Storm Risk: High

15 storms expected in 2050

Projected Heat Risk: High

26 hot days expected in 2050

45/100

High

ClimateCheck®

Current data

This property, 180 & 270 7 Street SE Unit# 1-8 , experiences 7 hot days per year at around 32 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 35.8 degrees Celsius.

Projected Avg. Temperature

Past
32℃
2050
35.8℃

# Hot Days Per Year

Past
7
2050
26

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

15 storms expected in 2050

51/100

High

ClimateCheck®

Current data

This property, 180 & 270 7 Street SE Unit# 1-8 , experiences 12 significant 2-day storms per year, with about 221.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 261mm of precipitation per year.

Precipitation Per Storm

Past
221.4mm
2050
261mm

48-Hour Storms Per Year

Past
12
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 180 & 270 7 Street SE Unit# 1-8, Salmon Arm, British Columbia, V1E 1E4

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$91,299.89

Average Number of Children

1.75

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.97 %

High school certificate or equivalent

30.54 %

Apprenticeship trade certificate/diploma

10.01 %

College/non-university certificate

21.35 %

University certificate (below bachelor)

0.78 %

University Degree

17.34 %

Commuter

Travel To Work

By Car

85.34 %

By Public Transit

0.0 %

By Walking

9.95 %

By Bicycle

0.0 %

By Other Methods

4.71 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.35 %

Houses

66.65 %

Own Vs. Rent