Courtesy of: Paul Basso, , Royal Lepage Locations West
$1,275,000
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7,350 square feet
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Multi-family
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$1,275,000
520 Westminster Avenue W Westminster Apartments consists of 9 units, there are 6-TWO bedroom and 3-ONE bedroom units. Close to Okanagan Lake and Beach, downtown shopping, and endless restaurants within walking distance! Long-term tenants with most living at the complex for 10+ years, so the current rents are low and there is a positive upside that they could be increased over time. The current annual gross rent revenue is $95, 500. The building is a little tired and requires a little work! The 2024 assessment value is $1, 503, 000. Only asking $155, 444 per unit. (id:203)