Contact
1-877-888-3131
Sign-in/up
Search for Sale
Buyer Cashback
Back to Map
Share
$2,995,000
British Columbia,Salmon Arm
For Sale Active
350, 380, 351, 381 Shuswap and 1st Street SE, Salmon Arm, British Columbia V1E4H8
  • 9,400 Sqft
Contact Seller
Basic Details
Description

This 1.22 acre assembly represents current investment revenue for immediate cash flow, coupled with the possibility of future development to high density. Situated in walkable location, in close proximity shopping centers and downtown Salmon Arm. The site currently consists of four lots under four separate titles, featuring a total of 16 rental units organized into four well-maintained fourplexes. These units

are occupied by stable, long-term tenants on month-to-month agreements, providing a reliable revenue stream. The makeup consists of 15 two bedroom apartments and 1 one bedroom apartment, ranging in size from 450 square feet to 850 square feet. There is 1 two story home with 4 units, two one level with 4 units on crawl spaces and another one level on a full basement. The full basement has a shop space, storage and a shared laundry for the tenants providing another source of revenue. Designated parking and easy access for all tenants. The future potential of the combining of the lots and rezoning to a higher density is part of the Official Community Plan for Salmon Arm and lends itself to many different options to find the right project. (id:62650)

Read More
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 10384025
  • Price: $2,995,000
  • Square Footage: 9,400 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Roof:
  • Office Key: 47800
Features & Appliances
Features
  • Heating System: Baseboard heaters
  • Basement: Full, Crawl space
  • Parking: Carport
  • Architectural Style: Bungalow
  • Exterior Features: Stucco, Cedar Siding
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, British Columbia, Salmon Arm, V1E4H8
  • Street: Shuswap and 1st
  • Street Suffix: Street
  • Longitude: W120° 42' 56.2''
  • Latitude: N50° 41' 49.8''
  • Street Dir Suffix: Southeast
Additional Information
  • Water Source:
  • Lot Size Dimensions: 1.22
Financial
  • Tax Annual Amount: 16680
Powered by REALTOR.ca
Listing updated: 2026-06-19 07:26:58
Schedule a Tour
List Your Property
Mortgage Calculator
Get Pre-Approved
$
$
%
%
years
Monthly Payment (Est.) $
Similar Properties
Listing Information
  • List Agent Key: 1669998
  • List Office Key: 47800
  • Modification Timestamp: 2026-05-06T16:40:17Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-05-06T16:30:51Z
Powered by REALTOR.ca
Listing updated: 2026-06-19 07:26:58
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By‐Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non‐commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.

By continuing to use this website and its services, you agree to these

Terms of Use

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as part of their Mere Posting ComFree Listing Contract and in partnership with Imperium LLP – Rocky Kim.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!

Learn More