Welcome to an exceptional investment property opportunity that offers a high potential for generating a stable income and appreciation in value. Situated on 2.5 acres of land, this property is located in a highly sought-after location, with direct highway access and exposure. The property includes 2 modular homes and 2 sleeping cabins and offers potential for increasing infrastructure, making it an ideal rental income property. The properties are designed with modern amenities and tasteful finishes that offer a comfortable living experience. In addition to the residential units, the property features a 40X60 insulated workshop with an office, storage, workshop, band stage for rainy day parties, with water and a bathroom with its own septic system. This multi-functional space provides endless possibilities for commercial and personal use, making it a perfect spot for hosting events and activities and storing all of your toys and equipment. This land is un-zoned, providing endless opportunities for further development and generating additional income. The property could be used for various purposes, such as residential, farming, recreational activities, or more commercial ventures. With a ROI of approx 6%, this investment property opportunity is a sound investment that promises a steady cash flow and potential appreciation in value. Do not miss out on this chance to own a valuable asset that offers flexibility, versatility, and potential for growth. Adjacent property MLS#2477137 is aslo for sale. (id:51532)
Tags
Property Summary
Property Type
Single Family
Building Type
House
Square Footage
4770 sqft
Community Name
Kokanee Creek to Balfour
Title
Freehold
Land Size
109771 sqft
Built in
2021
Building
Bathrooms
Total
5
Interior Features
Flooring
Mixed Flooring
Basement Features
Unknown
Basement Type
Crawl space (Unknown)
Building Features
Features
Visual exposure, Flat site, Level
Foundation Type
None
Construction Material
Unknown
Square Footage
4770 sqft
Building Amenities
Storage - Locker
Heating & Cooling
Heating Type
Other
Utilities
Utility Sewer
Septic tank
Water
Well
Exterior Features
Exterior Finish
Other
Neighbourhood Features
Community Features
Rural Setting
Amenities Nearby
Schools, Golf Nearby, Highway, Recreation Nearby, Public Transit