Multi-family Multi-Family
409 Shuswap Avenue, Chase

$825,000

Prime Investment Opportunity in Chase. Explore this outstanding corner lot property featuring 8 separate suites and a vacant frontage lot, zoned C-3 for optimal road exposure. The property consists of two separate buildings, each with 4 units, on a .46-acre lot offering significant development potential, see Village bylaws. Situated in an excellent location near Shuswap Lake, golfing, and shopping. This revenue-generating property is ideal for investors aiming to leverage its exceptional location and future development prospects. Recent updates have been made to several of the units, including new flooring, paint & appliances. One unit has been completely renovated with updated appliances, air conditioning, heat pump, gyproc, paint, flooring & windows. Both buildings feature a 2025 tin roof and new eaves. This is a perfect opportunity for investors looking to capitalize on a property with both immediate rental income and long-term development potential. (id:6770)

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  • Price $825,000
  • Age 1955
  • Land Size 0.5 Acres
  • Stories 1
  • Other Spaces
  • Exterior Vinyl siding
  • Cooling See Remarks
  • Water Municipal water
  • Sewer Municipal sewage system
  • Landscape Features Level