You're looking to take your investment portfolio to new heights. It doesn't take a top gun to know that this 6 plex located in beautiful Merritt, BC is a hard lock. This 6 unit walk up building takes away a lot of the pain points for the would be owner: professional management, 400 amp service and separate utilities for each unit, in unit laundry, xeriscaped front yard, and fresh crush and level in the parking area behind the building. Substantially renovated in 2025 it features new plumbing, new electrical, new insulation and an overall face lift to give your tenants pride of ownership. PLUS There's a basement area that could be divided into storage lockers for additional income potential. With the units rented out for roughly $1700 each, the building is taking home $10,175 a month. The property is also perfectly situated in Merritt, close to the Aquatic Centre, the skating and curling rink, the civic centre, shopping, restaurants, public transit, and amenities. Make your money work for you with this passive income opportunity - property is fully tenanted so please allow 48-72 hours notice for showings. (id:4069)
Address
2138 Merritt Avenue
List Price
$1,695,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
British Columbia
Sub-Area
Merritt
Floor Area
4,226 Sq. Ft.
Lot Size
0.21 Sq. Ft.
Year Built
1960
MLS® Number
10377981
Listing Brokerage
Real Broker B.C. Ltd
Postal Code
V1K1B8
Site Influences
Public Transit, Recreation, Shopping
Features
Balcony
