22
See all 22 photos
$1,695,000
Est. payment /mo
4,226 SqFt
Active
2138 Merritt Avenue Merritt, BC V1K1B8
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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
Property Description
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)
Location
Province BC
Rooms
Kitchen 0.0
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
Building
Lot Description Landscaped
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youtu.be/qYkhfcyCxOI
Listed by Real Broker B.C. Ltd
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