Address
869 Alder St, Campbell River, BC
Price
$ 1,749,000
Property Attributes
- ID#1040054
- TypeMulti-Family
- Listing Status Active
- MunicipalityCampbell River
- CityCampbell River
- AreaCampbell River
- NeighbourhoodCampbell River Central
- Postal CodeV9W 2P4
- Style
- Year Built1979
- Price$ 1,749,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Exceptional investment and redevelopment opportunity in the heart of downtown Campbell River. This well-maintained multi-family property features 8 spacious two-bedroom rental units (2 units recently renovated), providing stable cash flow and strong upside potential. The property includes 15 on-site parking stalls, a valuable asset for both tenants and future development. Ideally located within walking distance to the ocean, shopping, restaurants, and key amenities. Investors can benefit from immediate rental income while holding for future appreciation. Developers will appreciate the significant redevelopment potential, as this property may be purchased individually or assembled with adjacent properties, creating an opportunity for approximately 96,000 sqft of future development. A rare change to secure strong income today and substantial development value for tomorrow. For more info please contact us at (604)-773-4080 (id:7434)
General Features
| Features | Central location, Sloping, See remarks, Other |
|---|---|
| Property Type | Multi-family |
| Zoning Description | RM3 |
| ZoningType | Unknown |
| Neighbourhood | Campbell River Central |
| Building Type | Multi-Family |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Baseboard heaters |
| Building Heating Fuel | Electric |
Exterior Features
| ViewType | City view, Ocean view |
|---|
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in V9W 2P4
Price
Year Built
