6062 Ranchero Drive Salmon Arm

$499,000
6062 Ranchero Drive - Photo 1
  • Price$499,000
  • MLS #10311111
  • Age1973
  • Lot Size1.07 acres
  • WaterWell
  • SewerSeptic tank
  • Property TypeMulti-family
  • Zoning TypeMulti-Family
  • Stories1
  • Listing OfficeLighthouse Realty Ltd.

Perfect starter park investment. Amazing Shuswap location, 7km to downtown Salmon Arm. 2 minutes to Salmon Arms championship golf course, Larch Hills Cross country ski hill and the winery. Well run and maintained seven units on just over an acre. Always full with long term owner occupied tenants for a steady cash flow increasing every year. Low expenses and maintenance with no manager required for an absentee owner. Upside with much lower rents than surrounding parks which can increase with attrition. (id:6770)

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