3 beds · 1 bath · 985 sqft
Cash cow income generating property on one of the last downtown riverfront lots available for development. This home consistently generates $3k a month in revenue while sitting on one of the nicest potential development lots in Revelstoke. Come walk the land to the private beach area, experience the views and note the excellent proximity to downtown while still having a private, river bluff location. Breathtaking 180 degree views of the Columbia River Valley, Mt Begbie and the Monashees from this exclusive lot minutes from downtown. 11044 sq ft lot with original Rancher home consistently rented for $2900 plus utilities. Needham Drive is a private entry road for 2 homes. Walk this amazing lot with its private path leading down to a scenic flat waterfront beach area. Home is very basic but great revenue generator. Lot has potential to be one of the nicest building spots in Revelstoke. Listed below appraised land value. (id:39198)
Building Type House, Detached
Year built 1930
Square Footage 985 sqft
Stories 1
Bedrooms 3
Bathrooms 1
Parking 1
NeighbourhoodRevelstoke
Land size 0.25 ac|under 1 acre
Heating type Other, See remarks
Basement typeFull
Parking Type Other
Time on REALTOR.ca45 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: Coldwell Banker Executives Realty
Home price
$849,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$7,723 / month
Rent $6,829
Savings $893
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$6,806 / month
Rent $6,620
Savings $186
Initial deposit 5%
Savings target Fixed at 5%