$1,099,000

5513 Prosh Frontage Road, Sicamous V0E2J0

Built 1973

Detached

Listed by: Homelife Salmon Arm Realty.Com.

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Description

This 6.49 acre property with 4 cabins and a mobile home with long term tenants in place generates $6,100 per month of rental income. 4 super cute 1 bedroom cabins with three recently updated including new kitchens, new counters, new flooring, fresh paint and new light fixtures. Private setting just off TCH, backing onto Perry River, is close to Revelstoke, Crazy Creek, world class sledding and Mustang Powder skiing. This would make a great spot to add a home as a principal residence, with potential to add more rentals or create a campground. Truly a beautiful property with good cash flow and lots of potential. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Parking: Surfaced

Structure: Multi-Family

Annual Taxes: $1,627

Lot Size: 6.38

Property Details

Property Type	Detached
Sub Type	Multi-family
Lot Size	6 sq ft
Year Built	1973
Listing ID	10380201

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5513 Prosh Frontage Road, Sicamous
MLS® 10380201 · $1,099,000

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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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