324 5TH AVENUE S
Cranbrook, British Columbia V1C2G6

3 Bedroom 2 Bathroom

Electric baseboard units Forced air

$549,900

ID# 2477893
Welcome to this nicely updated 2-bedroom, 1-bathroom home situated on .14 of acre lot with a detached garage currently set up for a suite, centrally located for convenience. Currently rented at $1910 per month for the main residence and $1450 per month (WILL BE VACANT AT THE END OF OCTOBER) for the suite, this property boasts a potentially very impressive cap rate! Inside the main home, you'll find vinyl plank flooring throughout, an updated bathroom, stainless steel appliances, some updated windows, a new front door and more! The unfinished basement is perfect for lots of storage and houses two hot water tanks - one dedicated to each unit - and an upgraded 200 amp electrical system with separate panels for the house and suite. Outside boasts plenty of parking, a covered deck and metal roof. Each unit includes its own separate laundry facilities, enhancing tenant privacy and convenience. Whether you're seeking a solid investment or a multifamily living opportunity, this property offers both flexibility and income potential in a sought-after area. (id:9212)
Bathroom Total 2
Bedrooms Total 3
Year Built 1947
Flooring Type Vinyl
Heating Type Electric baseboard units, Forced air
Heating Fuel Electric, Natural gas

Chris Nault
Associate Broker

e-Mail Chris Nault
office: 250.426.8211
cell: 250.417.9027
Visit Chris's Website

Listed on: June 21, 2024

On market: 119 days
Laundry roomLower level25'4 x 22'4
Living roomMain level20'7 x 10'2
KitchenMain level16'5 x 10'10
Primary BedroomMain level14 x 9
Full bathroomMain levelMeasurements not available
BedroomMain level10'2 x 9
Living roomOther22'10 x 12'2
KitchenOther24 x 12
Full bathroomOtherMeasurements not available
BedroomOther11 x 8'10
Laundry roomOther9'9 x 3'8