Multi-Family $ 1,695,000

2138 Merritt Avenue

Merritt, BC V1K1B8

  • 4,226 SqFt
  • 9,147 Lot Size
  • 1960 Year Built
You're looking to take your investment portfolio to new heights. It doesn't take a top gun to know that this 6 plex located in beautiful Merritt, BC is a hard lock. This 6 unit walk up building takes away a lot of the pain points for the would be owner: professional management, 400 amp service and separate utilities for each unit, in unit laundry, xeriscaped front yard, and fresh crush and level in the parking area behind the building. Substantially renovated in 2025 it features new plumbing, new electrical, new insulation and an overall face lift to give your tenants pride of ownership. PLUS There's a basement area that could be divided into storage lockers for additional income potential. With the units rented out for roughly $1700 each, the building is taking home $10,175 a month. The property is also perfectly situated in Merritt, close to the Aquatic Centre, the skating and curling rink, the civic centre, shopping, restaurants, public transit, and amenities. Make your money work for you with this passive income opportunity - property is fully tenanted so please allow 48-72 hours notice for showings. (id:24570)
Listed by Real Broker B.C. Ltd

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Freehold

    Listing Status Active

    Purchase Type For Sale

    Approx. Sqft 4226

    Square Footage 4, 226 sqft

    Price per Sqft $401

    Subdivision Merritt

    MLS Listing ID 10377981

    Year Built 1960

    Lot Size 9,147 Sqft

    Acres 0.21

    Property Sub-Type Freehold

  • Location

    Province BC

  • Rooms

    Kitchen 0.0

  • Building

    Lot Description Landscaped

    Story 2

    Sewer Municipal sewage system

  • Interior

    Heating Baseboard heaters

    Flooring Laminate

  • Exterior

    Parking Features No

    Community Features Rentals Allowed

    View Y/N No

    Roof Type Unknown

    Total Parking Spaces 12

    Private Pool No

  • Others

    Ownership Freehold

    Virtual Tour https://youtu.be/qYkhfcyCxOI

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