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663 COLUMBIA AvenueCastlegar, BC
$1,800,000
Multi-familyMulti-Family
Area
0 sqft
Year Built
1991
Exceptional Investment Opportunity! This value-packed combination of residential and commercial real estate offers stable returns of consistent revenue with strong potential for increased revenue over time. A modern, well maintained commercial structure, occupied by an established professional services tenant includes a flexible bachelor style residential space and is complimented by a detached residential building featuring 5 self-contained two bedroom rancher-style appartments. Each residential unit includes private outdoor yard spaces and an on-site parking lot serves the needs of both the residential and commercial tenants. Excellent commercial access to Columbia Avenue's service/commercial corridor is complimented by a peaceful setting accessible from 11th Avenue to the property's rear yelding an ideal mix of business exposure and residential enjoyment. The residential rental units are highly sought-after attracting longe term mature tenants seeking single level living in a peaceful locale with the convenience of shopping, services, parks, schools, public transit and more being just steps away. Storage units and shared coin-op laundry have been provided and the grounds are auto-irrigated for easy maintenance. Take the time to explore all that is included in this remarkable and unique offering in the growing community of Castlegar! (id:67651)
OwnershipFreehold
Postal CodeV1N1H1
HeatingBaseboard heaters, Forced air, Electric, See remarks
CoolingCentral air conditioning
Annual Tax$16,095
FeaturesPrivate setting, Corner Site
Neighbourhood & Lifestyle
Area
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