Income producing TRIPLEX Plex with potential 4th suite (formerly a Post Office) located in awesome South Slocan Village, halfway between NELSON and CASTLEGAR!
This is a work in progress and an amazing sweat-equity opportunity for competent trades people, or investment savvy buyers who know where to find them.
From the top…
UNIT A is… Well basically it’s a hole in the ground. But a well planned one. Floor has been removed for a foundation repair that’s very close to completion. Finish that and what you do with it is up to you. It does currently have a working commercial washroom as well as laundry.
UNIT B is a well finished and huge BACHELOR/ONE BEDROOM suite with the easy potential for the creation of 2 ADDITIONAL LEGAL BEDROOMS. From the hard-wearing and beautiful circle sawn fir floors, to the new heat pump, insulation improvements, etc, this unit is already producing income with a great tenant.
UNIT C is the largest of the 3 residential units, and is far enough along that it could easily be completed to the buyers tastes THIS CONSTRUCTION SEASON. Could theoretically be configured for up to 4 bedrooms and offers 1,233 sq ft of living space (which could be as much as 1,600 sq ft with the incorporation of Unit A).
UNIT D is a complete and completely renovated 2 bedroom (or 1 plus office), 1 bath apartment, sound-proofed and finished in durable and beautiful materials throughout and also generating income with great tenants right now.
The property also has a garage (needs a little extra framing, but appears straight and sound) and a carport, plus a large back yard.
Property is WALKING DISTANCE FROM: the popular DOG FRIENDLY BEACH at Slocan Pool; ORGANIC FARM SALES, and; the legendary West Kootenay pub, restaurant and live music room- THE DAM INN.
Act now because, even in the current interest rate environment, 20% down would yield a mortgage payment 95% covered by the rent (see your lender for details)
Basically, this property is a tradesperson’s dream. Call your REALTOR and come see it for yourself. FAIR PRICED at assessment: $359,000.00