R14//Selkirk/Exceptional investment and income opportunity in the heart of Selkirk! This well-maintained 4-Plex is ideally located on a quiet street in a desirable neighborhood and sits on an expansive double lot (80 ft wide with two titles 516/518 Pacific Avenue) offering future development potential. The 1,196 sq ft 1.5-storey property features four self-contained 1-bedroom suites, each with private entrances, all tenant-occupied with zero vacancy, ensuring strong and reliable cash flow. Residents enjoy convenient parking and a spacious backyard, while the property itself has been thoughtfully updated for long-term stability and efficiency. Recent upgrades include shingles, high-efficiency furnace, hot water tank, and front and back decks (2020), durable vinyl siding (2016), and spray foam insulation in the basement (2021). With 3 separate hydro meters and landlord responsibility for utilities, this property is an excellent addition to any investment portfolio. Walking distance to schools, shopping, and essential amenities, this turnkey multi-family property offers both immediate returns and future growth potential in one of Selkirk s most sought-after locations. Min. 24-hours notice required for all showings. (id:53007)
MLS® Number | 202506663 |
Property Type | Multi-family |
Neigbourhood | R14 |
Community Name | R14 |
Bathroom Total | 4 |
Constructed Date | 1915 |
Heating Type | Electric Baseboard Units, Forced Air |
Stories Total | 2 |
Type | Multi-family |
Utility Power | 120/208 V |
Other |
Acreage | No |
Size Depth | 80 Ft |
Size Frontage | 80 Ft |
Size Irregular | 6400 |
Size Total | 6400 Sqft |
Size Total Text | 6400 Sqft |
https://www.realtor.ca/real-estate/28133425/516-pacific-avenue-selkirk-r14
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Sarah Parent