A multi-family residential building in the interior sold for $800,000 last month.
The recently renovated 11-unit property in central Salmon Arm features six one-bedroom suites and five bachelor suites, valued at $75,000 per unit. The one-bedroom suits bring in $643 in rental income each month, while the rent for bachelor units is $505 per month. NAI Commercial Vancouver agent Michael Marckwort closed the sale.
The property is located at 371 4th Ave. in Salmon Arm.
Do you have a Done Deal you'd like to promote? Submit here for a free posting!