Single Family Home $ 899,800

2509 4TH Street S

Cranbrook, BC V1C5C5

  • 5 Beds
  • 3 Baths
  • 2,184 SqFt
  • 6,098 Lot Size
  • 2024 Year Built
CASH FLOW Investment Alert! Over $1300/month cash flow and a 6% cap rate! Welcome to this brand new, energy-efficient Cranbrook triplex located in the highly sought-after community of Highlands. Nestled on a quiet, family-friendly street, this thoughtfully designed property offers incredible income potential, whether you choose to live in the spacious upper unit and rent out the lower suites, or hold the entire property as a solid investment. The upper unit features three bedrooms, luxury LVP flooring, high ceilings, and expansive triple-pane windows that flood the space with natural light and offer stunning views of Fisher Peak. A modern kitchen with stainless steel appliances anchors the open-concept living space, complemented by a generously sized spa-inspired bathroom and the convenience of in-suite laundry. The lower level includes 2 fully legal 1-bedroom suites, each with their own private entrance, outdoor space, parking, & in-suite laundry. All units are equipped with heat pump systems for efficient heating & a/c, ensuring year-round comfort and low operating costs. Ideally located just minutes from the Community Forest, Cranbrook Golf Course, hospital, College of the Rockies, excellent schools, and within walking distance to Western Financial Place, shopping, & more. With potential revenue of $5700+/month from all suites, this is a rare opportunity to own a brand new HIGH CASH FLOWING multi-unit investment property in one of Cranbrook's most desirable neighborhoods. (id:24570)
Listed by Real Broker B.C. Ltd

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Freehold

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 184 sqft

    Price per Sqft $411

    Subdivision Cranbrook South

    MLS Listing ID 10353424

    Style Bungalow, Ranch

    Bedrooms 5

    Year Built 2024

    Lot Size 6,098 Sqft

    Acres 0.14

    Property Sub-Type Freehold

    Source Association of Interior REALTORS®

  • Location

    Province BC

    Zoning Unknown

  • Rooms

    Kitchen 3.0

    Extra Room 1 Main level 8'5'' x 11'1'' Full bathroom

    Extra Room 2 Main level 9'3'' x 10'3'' Bedroom

    Extra Room 3 Main level 9'7'' x 10'3'' Bedroom

    Extra Room 4 Main level 14'7'' x 11'1'' Primary Bedroom

    Extra Room 5 Main level 18'4'' x 15'5'' Kitchen

    Extra Room 6 Main level 14'10'' x 10'8'' Living room

  • Building

    Story 1

    Sewer Municipal sewage system

    Architectural Style Bungalow, Ranch

  • Interior

    Heating Heat Pump

    Cooling Heat Pump

    Flooring Vinyl

  • Exterior

    Parking Features Yes

    View Y/N Yes

    View Mountain view

    Roof Type Unknown

    Total Parking Spaces 4

    Private Pool No

  • Others

    Ownership Freehold

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