320 Okanagan Avenue SE, Salmon Arm

320 Okanagan Avenue SE, Salmon Arm | $699,000

Developers R-10 zoning, potential for main level commercial with 5 levels of residential above, listing has 2 legal lots for a total of .23 acres 2500+ sq.ft home with 2 bedrooms on the main floor and a two bedroom non-conforming suite above, useable basement for storage or rec room, home has gas fireplace, some wood floors, big bright windows, unique design, workshop area, large treed yard, Close to City Center. Lake and mtn views on upper floors. Potential for commercial, high density residential. Corner lots, short walk to downtown. Great investment property and rental income while you wait to develop. main level rented for $2400 a month plus utilities and the upstairs is still at the reduced rent to a friend for $1000+ utilities but has been as high as $1500 a month

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Description

Developers R-10 zoning, potential for main level commercial with 5 levels of residential above, listing has 2 legal lots for a total of .23 acres 2500+ sq.ft home with 2 bedrooms on the main floor and a two bedroom non-conforming suite above, useable basement for storage or rec room, home has gas fireplace, some wood floors, big bright windows, unique design, workshop area, large treed yard, Close to City Center. Lake and mtn views on upper floors. Potential for commercial, high density residential. Corner lots, short walk to downtown. Great investment property and rental income while you wait to develop. main level rented for $2400 a month plus utilities and the upstairs is still at the reduced rent to a friend for $1000+ utilities but has been as high as $1500 a month

General Info

MLS Listing ID: 10345252	Bedrooms: 4	Bathrooms: 2	Year Built: 1920
Parking: Additional Parking	Heating: Forced air, See remarks	Lotsize: 0.23 ac\|under 1 acre	Air Conditioning : N/A
Home Style: N/A	Finished Floor Area: Wood	Fireplaces: Smoke Detector Only	Basement: Partial