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$1,250,000 CAD
217 8TH STREET SOUTH
Cranbrook, British Columbia V1C 1N9
Canada
Cranbrook, British Columbia V1C 1N9
Canada
356.736 m2 ::
3,840 sqft
8 bedrooms
4 full baths
Residential For Sale, Single Family
Land size: 0.089 ha ::
0.22 acres
Sale price per sqm: 2,525.15
Remarks:
Excellent investment opportunity with strong cash flow and upside potential! This well-maintained fourplex features four spacious 2-bedroom, 1-bathroom units with long-term tenants and solid rental history. Units 1, 3, and 4 have been extensively renovated with updated kitchens, lighting, electrical, baseboards, and paint, while Unit 2 has also seen updates including paint, lighting, electrical, and baseboards. The property includes all new windows and sliding glass doors, updated baseboard heating, minor roof repairs completed last year, and professionally installed flooring in the common areas in 2025. Each suite has its own BC Hydro meter plus a separate owner meter, designated off-street parking stall, and electrical receptacle. There is also a convenient owner’s maintenance shed on the property, perfect for storing tools, equipment, and upkeep supplies. Coin-operated laundry provides additional income, with further upside potential through future in-suite laundry installations and additional parking revenue. Current gross annual income is approximately $85,560. Conveniently located with strong tenant appeal, this is an excellent opportunity for investors seeking a turnkey multi-family property. Disclaimer: Artificial Intelligence has been used to enhance photos and virtually stage; images are for illustrative purposes only and may not reflect the property’s current condition. Buyers should independently verify all features and conditions. (id:42016)
Features:
- Year Built: 1973
- Heating System: Baseboard
Location:
217 8TH STREET SOUTH, Cranbrook, British Columbia V1C 1N9, Canada
Listed By CENTURY 21 Purcell Realty Ltd.
The Residential For Sale, Single Family located at 217 8TH STREET SOUTH, Cranbrook, British Columbia V1C 1N9, Canada is currently for sale. 217 8TH STREET SOUTH, Cranbrook, British Columbia V1C 1N9, Canada is listed for $1,250,000 CAD. This property has 8 bedrooms, 4 full baths and 3,840 sqft. If the property located at 217 8TH STREET SOUTH, Cranbrook, British Columbia V1C 1N9, Canada isn't what you're looking for, search British Columbia Real Estate to see other Homes For Sale in Cranbrook.









































