Property Description for 1120 Shuswap Street SE
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:38686)
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Property Details
Property Tax
: $4,169MLS® #
: 10359451
Home Features
Property Type
: Single FamilySquare Footage
: 2,970 SQFT
Room Details
Partial Bathroom
: 0
Interior Features
Heating
: Forced air
Exterior Features
Acreage
: 0.50
Utilities
Sewer
: Municipal sewage system
Other
Parking Features
: See Remarks
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