$609,999

Kitimat BC, V8C 1W2

MLS® # R3046338

Property Information:

Excellent investment property! This well-situated fourplex features two 3-bedroom/l-bath end units and two 2-bedroom/1-bath middle units. Functional layouts with main floor living areas, upper-level bedrooms, and basements offering storage plus laundry hook-ups. Three of the four units are currently rented, with the fourth ready for new tenants or updates to maximize returns. On-site parking adds to tenant appeal. When fully occupied, th.is property has the potential to generate high cap rates. A rare chance to acquire a multi-family property with solid income and future upside. Lot size per BC Assessment; all measurements are approximate and should be verified if important. (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Basement Development: Unfinished
Basement Type: N/A
Construction Style - Attachment: Attached
Exterior Finish: Vinyl siding
Floor Space: 3800 sqft
Foundation Type: Concrete Perimeter
Roof Material: Asphalt shingle
Roof Style: Conventional
Total Finished Area: 3800 sqft

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 10
Bathrooms: 4
Built in: 1956
Floor Space (approx): 3800 Square Feet
Lot Size: 13271.00 Square Feet
Parking Type: None

Courtesy of: Century 21 Northwest Realty Ltd.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 60 WEDEENE STREET, Kitimat, British Columbia, V8C 1W2

Lifestyle
Neighbourhood

Demographic Information of 60 WEDEENE STREET, Kitimat, British Columbia, V8C 1W2

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$113,542.89

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.72 %

High school certificate or equivalent

42.54 %

Apprenticeship trade certificate/diploma

12.82 %

College/non-university certificate

13.07 %

University certificate (below bachelor)

0.34 %

University Degree

7.51 %

Commuter

Travel To Work

By Car

82.81 %

By Public Transit

4.37 %

By Walking

9.21 %

By Bicycle

1.66 %

By Other Methods

1.95 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

12.87 %

Houses

87.13 %

Own Vs. Rent