Jessica Gunnlaugson
Re/Max Real Estate (Kamloops)
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  • 490 7th Avenue in Kamloops: Multi-family for sale : MLS®# 10363400

    490 7th Avenue Kamloops V2C 3T2
    Main Photo: 490 7th Avenue in Kamloops: Multi-family for sale : MLS®# 10363400

    490 7th Avenue Kamloops V2C 3T2

    $3,870,000
    Multi-family
    Status:
    Active
    MLS® Num:
    10363400
    Well Located Residential Apartment buildings are rare offerings and this one is comprised of 14 spacious one bedroom units located in a very desirable area of South Kamloops. Substantial upgrades were completed to the building in 2022/2023 as follows: New torch on roof in 2021, New In-suite laundry in all suites, New bathrooms in all suites, 11/14 units have new kitchens, New high efficiency windows and sliding glass doors, New hot water tanks, New stainless steel and kitchen appliances in 90% of the apartments, New laundry units in every apartment, New flooring in 90% of apartments with plenty of durable ceramic tile, New electrical panels in every apartment, and new individual tenant storage lockers were installed in the basement. A unique feature to this building is that it was constructed with concrete between floors, leading to improved fire separation and less noise between units and concrete balconies. Tenants pay their own utilities. Baseboard electric heat throughout, with electric hot water tanks in each apartment. Information/financial package available to qualified buyers. (id:2493) More details
    Listed by RE/MAX Real Estate (Kamloops)
    LISTING DETAILS
    Jessica Gunnlaugson *Personal Real Estate Corp

  • 1801 CHAPMAN Street in Merritt: Multi-family for sale : MLS®# 10351721

    1801 CHAPMAN Street Merritt V1K 1R6
    Main Photo: 1801 CHAPMAN Street in Merritt: Multi-family for sale : MLS®# 10351721

    1801 CHAPMAN Street Merritt V1K 1R6

    $1,749,900
    Multi-family
    Status:
    Active
    MLS® Num:
    10351721
    Discover 1801 Chapman Street in Merritt, BC — a fully rented 18-unit multifamily property generating approximately $204,000 in gross rental annual income. Formerly operated as a motel, this C-2 zoned property has been converted into long-term residential rentals and offers a rare blend of steady cash flow and future upside. Located just steps from downtown, tenants enjoy walkable access to shops, services, and transit. The building includes a shared coin laundry and on-site parking, with several units already updated. There’s significant value-add potential through further renovations and improved management, allowing new ownership to increase revenue over time. Merritt is a growing hub in the Southern Interior with strong rental demand, low vacancy, and improving economic fundamentals — making it an increasingly attractive destination for real estate investors. If you're looking for an affordable, income-generating asset with redevelopment potential and long-term growth, reach out today for more information. (id:2493) More details
    Listed by RE/MAX Real Estate (Kamloops)
    LISTING DETAILS
    Jessica Gunnlaugson *Personal Real Estate Corp
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Data was last updated November 21, 2025 at 03:45 AM (UTC)
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