5580 MANSON AVE, Powell River

2024-07-22
 

Quick Summary

Location
5580 MANSON AVE, Powell River, British Columbia
Price
$1,675,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
6198ft2
Year of Construction:
1965

MLS®#18274

Property Description

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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Shopping, Public Transit

Building

  • Amenities: Balconies
  • Fireplace: No
  • Interior Size: 6198 sqft

Features

  • Feature: Level lot, Treed

Land

  • Land Size: 0.82 ac

Information entered by ROYAL LEPAGE POWELL RIVER
Listing information last updated on: 2024-07-22 21:43:12


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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