Discover 1801 Chapman Street in Merritt, BC — a fully rented 18-unit multifamily property generating approximately $204,000 in gross rental annual income. Formerly operated as a motel, this C-2 zoned property has been converted into long-term residential rentals and offers a rare blend of steady cash flow and future upside. Located just steps from downtown, tenants enjoy walkable access to shops, services, and transit. The building includes a shared coin laundry and on-site parking, with several units already updated. There’s significant value-add potential through further renovations and improved management, allowing new ownership to increase revenue over time. Merritt is a growing hub in the Southern Interior with strong rental demand, low vacancy, and improving economic fundamentals — making it an increasingly attractive destination for real estate investors. If you're looking for an affordable, income-generating asset with redevelopment potential and long-term growth, reach out today for more information. (id:2493)More details
Excellent investment opportunity in this central North Kamloops 6 plex. Multifamily investments like this provide consistent steady returns in a time of uncertainty. This building is comprised of 6 units, one 1 bedroom unit, and five 2 bedrooms units. The building has undergone significant upgrades and renovations over the years highlighted by a newer torch on roof (2020), hallways, rugs and painting (2020), a newer high efficiency boiler system with individual shut offs for all units (2018) , resurfaced decks and vinyl windows. With a lot size of .23 acre, there are 6 parking spots at the back of the property and room to expand into the side yard, and further income opportunities or uses with the well built 24'x16' outbuilding. This location is walking distance to the fast developing Tranquille corridor and is located within one of the city's three transit oriented areas (TOA). Interior photos are of unit #1 and unit #3. Information package is available upon request. (id:2493)More details
Welcome to Sun Peaks, a four season resort. The Cahilty Lodge with unrestricted owner use, with ski-in ski-out accessability. Fabulous ground floor unit conveniently located close to the indoor hot tub, gym, outdoor hot tub oasis, lobby and underground parking with ski/bike room. Family restaurant in the Cahilty Lodge. Unit has large windows and lock-off between units. One side is a kitchen with fridge and microwave, 4 piece bathroom, living room with double murphy bed and pull out couch. Other side of lock-off has 2 beds, 4 piece bath, fridge, microwave and work space. Both units sold fullly furnished. Lots of updates and a perfect place for those who want to enjoy the Sun Peaks year round experience with golfing, biking, hiking, downhill skiing, cross country skiing, snowshoeing and enjoying the village shopping experience with both stores and services. In the summer there are concerts and wine festival in the winter with more activities added yearly. You enjoy rental income when you are not using it and GST applies. Can not be a principal residence. (id:2493)More details
Data was last updated July 2, 2025 at 12:45 AM (UTC)
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