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MLS® 10389377

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size 3840 sqft
Garage 
Taxes $6,856
Days Active 0
Lot Size 
Approx. Age 1973
Avg. Price Per Sqft $325
MLS® Number 10389377

Property Address: 217 8th St S, Cranbrook, BC, V1C1N9

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity with strong cash flow and upside potential! This well-maintained fourplex features four spacious 2-bedroom, 1-bathroom units with long-term tenants and solid rental history. Units 1, 3, and 4 have been extensively renovated with updated kitchens, lighting, electrical, baseboards, and paint, while Unit 2 has also seen updates including paint, lighting, electrical, and baseboards. The property includes all new windows and sliding glass doors, updated baseboard heating, minor roof repairs completed last year, and professionally installed flooring in the common areas in 2025. Each suite has its own BC Hydro meter plus a separate owner meter, designated off-street parking stall, and electrical receptacle. There is also a convenient owner’s maintenance shed on the property, perfect for storing tools, equipment, and upkeep supplies. Coin-operated laundry provides additional income, with further upside potential through future in-suite laundry installations and additional parking revenue. Current gross annual income is approximately $85, 560. Conveniently located with strong tenant appeal, this is an excellent opportunity for investors seeking a turnkey multi-family property. Disclaimer: Artificial Intelligence has been used to enhance photos and virtually stage; images are for illustrative purposes only and may not reflect the property’s current condition. Buyers should independently verify all features and conditions. (id:58753)Show Description
MLS® Number10389377
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1973
Basement
DrivewayStall, Rear, RV, Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Master Bedroom:Main FloorNot available
Dining Room:Main FloorNot available
Living Room:Main FloorNot available
Kitchen:Main FloorNot available
Other:Main FloorNot available
Bedroom 1:Main FloorNot available

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
217 8Th St S, Cranbrook, BC

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