217 8Th St S, Cranbrook, BC V1C1N9

Beds
8
Baths
4
Sqft
167,270,400

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

Listed byCentury 21 Purcell Realty Ltd
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Overview

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:58180)

Location

Full feature list

Basic info

Property type
House
Number of stories
1
Number of bedrooms
8
Number of bathrooms
4
Square feet
167,270,400
Lot size (acres)
0.22
Year built
1973

Utilities

Sewer
Septic System
Water
Water

Taxes

Tax Annual Amount
$6,855.60

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Canadian Real Estate Association MLS®#: 10389377 Last checked:

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