BC > Fruitvale > Village Of Fruitvale
Fruitvale, BC V0G1L0,1810 First Street
Fruitvale, BC V0G1L0,1810 First Street
Fruitvale, BC V0G1L0,1810 First Street
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,198,000
Est. payment /mo
2,100 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,100 sqft

Price per Sqft $570

Subdivision Village Of Fruitvale

MLS® Listing ID 10347872

Year Built 2021

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property 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. (id:24570)

Location

Province BC

Zoning Multi-Family

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, ,

Exterior

Parking Features No

View Y/N No

Roof Type Unknown

Total Parking Spaces 8

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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