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1120 Shuswap Street SE, Salmon Arm
2025-08-20
Quick Summary
- Location
- 1120 Shuswap Street SE, Salmon Arm, British Columbia V1E1G2
- Price
- $959,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 2970 sqft
- Bedrooms:
- 8
- Bathrooms:
- 4
- Year of Construction:
- 1960
MLS®#10359451
Property Description
Investment Opportunity with Development Upside Here’s your chance to own a fully rented 4-plex on a half-acre lot with approved plans in place to expand to 10 units. Whether you’re a seasoned investor or a builder looking for your next project, this property checks a lot of boxes. The current 4-plex brings in steady rental income, giving you cash flow while you line up your next steps. The lot is flat, easily accessible, and in a growing area with strong rental demand — all the groundwork is done. Approved Drawings and plans, engineering reports, environmental and more. Plans for an additional four plex and two units in the basement have already been approved, so you can hit the ground running. With location, income, and potential all working in your favour, this is a rare find. (id:32467)
Property Features
Building
- Architectural Style: Ranch
- Fireplace: No
- Interior Size: 2970 sqft
- Building Type: Fourplex
- Stories: 1
- Utility Water: Municipal water
Land
- Land Size: 0.5 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Homelife Salmon Arm Realty.Com
Listing information last updated on: 2025-12-03 20:21:28
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How much could you save in commission selling with One Percent Realty?
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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.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
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