$674,900.00 0.00 acre

406 3 Avenue SW, Black Diamond. T0L 0H0


Here is a sweetheart of an investment property in the up-and-coming Town of Black Diamond! Legal 4plex with long term tenants. Super large (66x175) lot and no homes across the street offers a beautiful property with a view and 10 onsite parking spaces. This unit is in good condition and features 2, 3-bedroom units on the main level and 2, 3-bedroom units in the basement. Unit 1 has had the kitchen replaced as can be seen in the photos. Units are approx. 990 ft2. The windows were replaced three years ago at the same time, the vinyl siding was done as well. All the eaves troughs were done the year before. Sliding doors were done 10 years ago. The balconies were completely replaced with low maintenance products vinyl railings. Tenants pay utilities and there are 4 separate gas and electric meters. Rents are well below market value and there has been a Zero (perfect) vacancy rate for the past 8 years. The 2 top levels rent for $930 & $950 per month + utilities. The lower units rent for $925 & $920 per month + utilities. Owner pays water & sewer. Viewings only for qualified buyers please contact your Realtor for a viewing.

Listing Information

Prop. Type:Multi-Family
MLS #:A1233147
City:Black Diamond
Building/Unit Size: 0 sq.ft
Land Size:0.00 Acre
Listing Price:$674,900.00
Listing Price Arce:$0 per Acre
Business Type:
Property Subtype:4 plex
Transaction Type:For Sale
Land Use Code:RM-4
Listing Contract Date:2022-07-05

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "CIR REALTY" listing brokerage.

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