$475,000

1406 FOURTH Avenue, Trail V1R1S5

4 Beds 3.0 Bath 1,280 Sq Ft Built 1934

Duplex

Listed by: Fair Realty (Nelson).

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Description

Seize the opportunity to own a fully renovated, income-generating fourplex in the heart of Trail, BC. With four self-contained 1 bedroom units, this property is perfect for the savvy investor looking for a low-maintenance, high-potential addition to their portfolio. Situated on a manageable 0.08 acre lot, this 1,280 sq ft building has been thoughtfully updated throughout, offering clean, modern interiors that attract quality tenants. Located just minutes from downtown Trail and close to transit, shopping, schools and recreational amenities, this property benefits from strong rental demand in the area. With all units currently occupied, you'll enjoy immediate cash flow from day one. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Parking: Street

Structure: Fourplex

Annual Taxes: $3,645

Lot Size: 0.08

Property Details

Property Type	Duplex
Sub Type	Single Family
Bedrooms	4
Bathrooms	3.0
Living Area	1,280 sq ft
Lot Size	0 sq ft
Year Built	1934
Stories	1.0
Listing ID	10363830

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1406 FOURTH Avenue, Trail
MLS® 10363830 · $475,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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