Welcome to an exceptional investment property opportunity that offers a high potential for generating a stable income and appreciation in value. Situated on 2.5 acres of land, this property is located in a highly sought-after location, with direct highway access and exposure. The property includes 2 modular homes and 2 sleeping cabins and offers potential for increasing infrastructure, making it an ideal rental income property. The properties are designed with modern amenities and tasteful finishes that offer a comfortable living experience. In addition to the residential units, the property features a 40X60 insulated workshop with an office, storage, workshop, band stage for rainy day parties, with water and a bathroom with its own septic system. This multi-functional space provides endless possibilities for commercial and personal use, making it a perfect spot for hosting events and activities and storing all of your toys and equipment. This land is un-zoned, providing endless opportunities for further development and generating additional income. The property could be used for various purposes, such as residential, farming, recreational activities, or more commercial ventures. With a ROI of approx 6%, this investment property opportunity is a sound investment that promises a steady cash flow and potential appreciation in value. Do not miss out on this chance to own a valuable asset that offers flexibility, versatility, and potential for growth. There is not a thru road. Adjacent property MLS#2477137 is aslo for sale. (id:33122)
Property Details
MLS® Number
2477848
Property Type
Multi-family
Community Name
Kokanee Creek to Balfour
Amenities Near By
Public Transit, Recreation Nearby, Highway, Golf Nearby, Schools
Community Features
Rural Setting
Features
Private Setting, Other, Level
Building
Amenities
Storage - Locker
Constructed Date
2021
Size Interior
4770 Sqft
Utility Water
Licensed, Well
Land
Access Type
Easy Access, Highway Access
Acreage
Yes
Land Amenities
Public Transit, Recreation Nearby, Highway, Golf Nearby, Schools