2509 4TH Street S Active Save Request In-Person Tour Request Virtual Tour
Cranbrook,BC V1C5C5
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,184 sqft
Price per Sqft $411
Subdivision Cranbrook South
MLS Listing ID 10353424
Style Bungalow,Ranch
Bedrooms 5
Year Built 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
CASH FLOW Investment Alert! Over $1300/month cash flow and a 6% cap rate! Welcome to this brand new, energy-efficient Cranbrook triplex located in the highly sought-after community of Highlands. Nestled on a quiet, family-friendly street, this thoughtfully designed property offers incredible income potential, whether you choose to live in the spacious upper unit and rent out the lower suites, or hold the entire property as a solid investment. The upper unit features three bedrooms, luxury LVP flooring, high ceilings, and expansive triple-pane windows that flood the space with natural light and offer stunning views of Fisher Peak. A modern kitchen with stainless steel appliances anchors the open-concept living space, complemented by a generously sized spa-inspired bathroom and the convenience of in-suite laundry. The lower level includes 2 fully legal 1-bedroom suites, each with their own private entrance, outdoor space, parking, & in-suite laundry. All units are equipped with heat pump systems for efficient heating & a/c, ensuring year-round comfort and low operating costs. Ideally located just minutes from the Community Forest, Cranbrook Golf Course, hospital, College of the Rockies, excellent schools, and within walking distance to Western Financial Place, shopping, & more. With potential revenue of $5700+/month from all suites, this is a rare opportunity to own a brand new HIGH CASH FLOWING multi-unit investment property in one of Cranbrook's most desirable neighborhoods. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 3.0
Extra Room 1 Main level 8'5'' x 11'1'' Full bathroom
Extra Room 2 Main level 9'3'' x 10'3'' Bedroom
Extra Room 3 Main level 9'7'' x 10'3'' Bedroom
Extra Room 4 Main level 14'7'' x 11'1'' Primary Bedroom
Extra Room 5 Main level 18'4'' x 15'5'' Kitchen
Extra Room 6 Main level 14'10'' x 10'8'' Living room
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Vinyl
Exterior
Parking Features Yes
View Y/N Yes
View Mountain view
Roof Type Unknown
Total Parking Spaces 4
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Architectural Style Bungalow,Ranch
Others
Ownership Freehold