Our Agents' Listings

5520 INLET Avenue
Sechelt District Sechelt V0N 3A3

$2,095,000
Multi-Family Commercial

Main Photo: 5520 INLET Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8051158
Photo 1: 5520 INLET Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8051158
Photo 2: 5520 INLET Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8051158
Photo 3: 5520 INLET Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8051158
Photo 4: 5520 INLET Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8051158
Photo 5: 5520 INLET Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8051158
Photo 6: 5520 INLET Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8051158
Photo 7: 5520 INLET Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8051158
Photo 8: 5520 INLET Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8051158
Photo 9: 5520 INLET Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8051158
Photo 10: 5520 INLET Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8051158
Photo 11: 5520 INLET Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8051158
Photo 12: 5520 INLET Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8051158
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8051158
Build. Type:
Low Rise (2-4 stories)
Sunshine Coast Investment Opportunity! Mixed use building with 5 Residential Units and 4 Commercial Units. Fully rented with approximately $12,000 rent per month. Projected rental increases to raise monthly rents to $12,367.00 by 2024. The building has a new roof and recent cosmetic repairs and is located in Downtown Sechelt which offers Development Opportunities. Professionally managed building.
Sale Type:
Asset
Lease Type:
Gross
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Mixed Use
# Units:
0
# Other Units:
0
# of Appartments:
0
# of Studio Appartments:
0
# of Penthouse Appartments:
0
# of Bachelor Appartments:
0
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
1
# of 2 Bedroom Appartments:
4
# of 3 Bedroom Appartments:
0
# Storeys:
2.0
Year built:
1954 (Age: 69)
Total Floor Area:
9,524 sq. ft.
Lot Area:
7,040 sq. ft.
Lot Depth:
128
Lot Frontage:
55'
Land Use/Zoning:
C2
Taxes:
$22,678.68 / 2021
Storefront, Visitor Parking
Services Connected:
Cable, Electricity, Telephone, Septic System, Sewer - Storm, Street Lighting, Sidewalk
Water Supply:
Municipal
HVAC:
None
Roof:
Other, Torch-On
Sewer Septic:
Septic Tank & Field
Potential to Redevelop:
Yes
Env Assmt Phase:
Not Applicable
Cap Rate %:
0.0
Other Income:
$0
Effective Gross Income:
$0
Gross Income:
$0
Oper. Expenses:
$0
Net Operating Income:
$0
Previous Price:
$2,599,999
Original Price:
$2,599,999
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Listed by Royal LePage West Real Estate Services
Data was last updated September 23, 2023 at 03:10 AM (UTC)
Gilles Laliberte
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