$1,099,000

For sale

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5513 Prosh Frontage Road, Sicamous - Multi-family for Sale

5513 Prosh Frontage Road, Sicamous, British Columbia, V0E2J0

6.38 acres lot sizeListed 229 days ago

Overview

This multi-family property in Sicamous is for sale.

Multi-Family Properties for Sale in Sicamous →

↓ $105K (6%) price drop

231 Finlayson Street, Sicamous, British Columbia, V0E2V1

20 pk6,949 ft²Lot size 33,106 sq ft (0.76 ac)

Listed by Homelife Salmon Arm Realty.Com

Investment analysis

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$1,099,000

Sicamous

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Description

This 6.49 acre property with 4 cabins and a mobile home with long term tenants in place generates $6,100 per month of rental income. 4 super cute 1 bedroom cabins with three recently updated including new kitchens, new counters, new flooring, fresh paint and new light fixtures. Private setting just off TCH, backing onto Perry River, is close to Revelstoke, Crazy Creek, world class sledding and Mustang Powder skiing. This would make a great spot to add a home as a principal residence, with potential to add more rentals or create a campground. Truly a beautiful property with good cash flow and lots of potential. (id:66096)

Property Details

MLS®: 10380201
Property Type: Multi-family
Half Baths: 0
Lot Size: 6.38 acres
Year Built: 1973
Heating: Electric
Garage: Surfaced
Waterfront: Yes
Ownership: Freehold
Property Tax: $1,626.56/yr
Listed: 229 days ago

Services

Water: Well
Sewer: Septic tank

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

229d

Sicamous listings, avg age

110d

List price

$1.10M

Haho

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Listed by Homelife Salmon Arm Realty.Com · Jim Grieve

Location

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$1,099,000

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Full Cost Breakdown

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Down Payment7.73% · $84,900.00

Min 7.73%50%

Mortgage payment$5,622/mo

↳ CMHC premium ($40,564 capitalized)

Property tax (est.)$136/mo

Total monthly$5,758

Cash Needed to Close

Down payment (7.73%)$84,900

Land transfer tax$19,980

Est. closing costs$5,797

Total cash needed$110,677

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