
Courtesy of: Giuseppe Bravo, Personal Real Estate Corp, Century 21 Northwest Realty Ltd.
$2,499,000
|
8,757 square feet
|
|
Multi-family
|
$2,499,000
1610 YUKON DRIVE Turnkey 7-unit multi-family investment in Stewart, BC delivering strong cash flow and an 11.2% cap rate. Fully rented, generating $27, 000/month ($324, 000 annually) with seven 3 bed, 1.5 bath units ideal for long-term and corporate tenants. Extensively renovated by professional contractors, including roof, windows, doors, electrical, plumbing, insulation, and heating systems. Interiors feature vinyl plank flooring, updated kitchens/bathrooms, modem appliances, dishwashers, and in-suite laundry. Tenants pay utilities, supporting strong net income. Situated on a 0.69-acre RM1-zoned lot with open parking. Price per door of $357, 128. Proven low vacancy with full occupancy since renovations. Opportunity to expand market share with additional acquisitions in the area. Stable, low-maintenance asset in a supply-constrained, resource-driven market. (id:203)