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869 Alder St
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869 Alder St

Campbell River, British Columbia V9W2P4

$1,749,000

MLS® 1040054

1979

Year Built

Multi-family

Type

16,988 square feet

Lot Size

Description

Exceptional investment and redevelopment opportunity in the heart of downtown Campbell River. This well-maintained multi-family property features 8 spacious two-bedroom rental units (2 units recently renovated), providing stable cash flow and strong upside potential. The property includes 15 on-site parking stalls, a valuable asset for both tenants and future development. Ideally located within walking distance to the ocean, shopping, restaurants, and key amenities. Investors can benefit from immediate rental income while holding for future appreciation. Developers will appreciate the significant redevelopment potential, as this property may be purchased individually or assembled with adjacent properties, creating an opportunity for approximately 96,000 sqft of future development. A rare change to secure strong income today and substantial development value for tomorrow. For more info please contact us at (604)-773-4080 (id:65701)

Property Details

Ownership Freehold
Annual Taxes $14,821.57
Heating Baseboard heaters, Electric
Lot Features Central location, Sloping, See remarks, Other
Structure Multi-Family
View City view, Ocean view

Listed by

Sutton Group-West Coast Realty

Vancouver Island

Interested in this property?

Contact Kara Call 604.328.8000
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