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$1,198,000
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1810 First St, Fruitvale, BC

Real Estate

For Sale

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118
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size 2100 sqft
Garage No
Taxes $6,754
Days Active 29
Lot Size 
Approx. Age 2021
Avg. Price Per Sqft $570
MLS® Number 10348295

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Available for sale is 1810 First Street located in Fruitvale, BC – an exceptionally rare multi-family investment and development opportunity completely renovated in 2021 and offering strong historic occupancy and tremendous upside potential. Featuring four existing suites, each with 2-beds and 1 bath, and boasting RM2 (Medium Density Multiple Housing) zoning entitlements providing immediate redevelopment potential for an additional two suites, the property is extremely well positioned for investors and developers to leverage a stable income base and capitalize on exciting development upside. Located in an established residential neighbourhood on First Street in Fruitvale – one of the Kootenays’ most desirable family-oriented communities with a charming downtown atmosphere that is conveniently located just 15 mins to Trail, 30 mins to Castlegar, and 50 mins to Nelson. Key renovation features include brand new exterior cladding, new windows, new doors, new blinds, keyless entry, heated floors, LED lighting, new washer/dryers, new tile flooring in kitchens, new vinyl/laminate flooring in living areas and bedrooms, new hot water tanks, and all new stainless steel appliances. Fruitvale’s residential tenancy market is one of the strongest in the region – with near-zero availability that has consistently pushed rental rates upward, with market rents for furnished 2-bedroom units recently achieving +$2, 400/month. Download the brochure at the link below for more info. (id:58753)Show Description
MLS® Number10348295
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age2021
Basement
DrivewayRear
Garage Spaces
HeatBaseboard heaters, Electric, Other
A/C
Heating Fuel

Extras

Rooms

Show Details
Other:Main5 × 7 ft
Master Bedroom:Main11 × 9 ft
Living Room:Main12 × 11 ft
Kitchen:Main12 × 15 ft

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