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1331 Selkirk Ave, Kamloops, BC V2B1V8

Beds
3
Baths
2
Sqft
56,366,640

View property features, location on map, relevant school information and overview from seller's agent.

Listed byeXp Realty (Kamloops)
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Overview

1331 Selkirk presents a rare opportunity to secure a legal fourplex with strong cash flow and upside potential. Offered at $999,999, this property generates approximately $110,000 in gross rents and nets around $94,000 annually—positioning it near a compelling 9% cap rate. The building has seen consistent care over the years, including a new roof (2025) and updated electrical and plumbing systems. Furnaces and hot water tanks have also been upgraded (dates to be confirmed). While not extensively renovated, the property has benefited from ongoing maintenance and practical improvements, offering a solid, low-risk investment with room to add value over time. Each unit is spacious, featuring 3 bedrooms up with additional basement space. 1331 and 1333 include basement bathrooms, while 1335 and 1337 offer finished basements without bathrooms down. All existing bathrooms are full. With strong in-place income, proven upgrades, and future upside, this is an excellent opportunity for investors seeking stability and long-term growth. Sqft on listing represents Unit 1331 only, all meas are approx and buyer to confirm if important. (id:58180)

Location

Full feature list

Basic info

Property type
House
Number of stories
3
Number of bedrooms
3
Number of bathrooms
2
Square feet
56,366,640
Lot size (acres)
0.27
Year built
1965

Interior features

Basement
Yes

Utilities

Heating
Forced Air
Sewer
Septic System
Water
Water

Taxes

Tax Annual Amount
$4,662.86

Public schools

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Sourced from: Canadian Real Estate Association MLS®#: 10382355 Last checked:

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