5580 MANSON AVE

Multi-family For Sale in Powell River, British Columbia

$1,675,000
  • 6,198 Sq. Ft.
  • Built 1965
APARTMENT COMPLEX FOR SALE - 12 large 2 bedroom apartments in a private, landscaped setting in the quiet neighbourhood of Cranberry. 100% occupied to long term tenants, generating strong cash-flow. Average rents are well below market level so there's significant upside for income growth. Building has been well maintained with regular upgrades. Each unit has it's own laundry. There's ample parking and the property is located on a bus route with regular service into Westview. The recreation complex is close by and other local amenities, including shops, restaurants and senior services, are within walking distance. Cranberry Lake, Inland Lake and many walking and biking trails are also nearby. This is an excellent long term investment opportunity. Call the listing agent for financials and to arrange a viewing. (id:4069)
Address 5580 MANSON AVE
List Price $1,675,000
Property Type Multi-family
Area British Columbia
Sub-Area Powell River
Floor Area 6,198 Sq. Ft.
Lot Size 0.82 Sq. Ft.
Year Built 1965
MLS® Number 18274
Listing Brokerage ROYAL LEPAGE POWELL RIVER
Site Influences Shopping, Public Transit
Features Level lot, Treed
Amenities Balconies

Request More Info or a Showing

Bill Bailey

460 Realty

118 - 4801 Joyce Ave, Powell River BC V8A 3B7

Office: (604) 223-0811

bbailey@460realty.com