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156 HAIG Street in Warfield: Multi-family for sale : MLS®# 2434554

156 HAIG Street Warfield V1R2L9 :

Main Photo: 156 HAIG Street in Warfield: Multi-family for sale : MLS®# 2434554
$399,900
Prop. Type:
Multi-family
MLS® Num:
2434554
Status:
Active
Age:
74 years
Investors take a look! 9 units, 100% occupancy, positive cash flow and over 9% cap rate for under $400k? Turn-key apartment with positive cash flow ready and waiting for you. Enjoy a piece of local history; this is the former Astoria Hotel and Ferreros Foods. Some vintage pieces that are still showing add a nostalgic flair to the place. More importantly it is l 00% occupied yet has room for more income as the region has very low vacancy rates and a great economic outlook. Many upgrades over the past few years like roof, skylights, some windows, boilers and much more. If that wasn't enough, with the right proposal there may be the opportunity to subdivide and add another building to enhance your portfolio. It works as a great buy & hold property as is or take it further and cash in. Don't let this small town fool you, this area is bustling with business and growth potential. There's an informational package, through your REALTOR®, available upon request. (id:2493)
Property Type:
Multi-family
Size Interior:
Switch units of measure7,419 sq. ft.
Transaction Type:
For sale
Ownership Type:
Freehold
Amenities:
Ski hill, Schools
Features:
Sloping, Visual exposure
View:
Valley view
Building Type:
Multi-Family
Age:
74 years
Exterior Finish:
Stucco
Fireplace:
No
Heating:
Steam radiator
Water:
Municipal water
Sewer:
Municipal sewage system
Land Amenities:
Ski hill, Schools
Landscape Features:
Landscaped
Lot Frontage:
Switch units of measure69'
Lot Size:
Switch units of measure1.02 acre(s)
Lot Size:
1.02 ac|1 - 5 acres
Lot Details:
1.02
Data was last updated March 22, 2019 at 09:45 PM (UTC)
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
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