2509 4TH Street S Cranbrook South, Cranbrook, British Columbia, CA

Address: 2509 4TH Street S, Cranbrook, British Columbia

5 Beds3 Baths2184 sqftStatus: Buy
Price $899,800

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Single Family
Building Type
Triplex
Storeys
1
Square Footage
2184 sqft
Title
Freehold
Neighbourhood Name
Cranbrook South
Land Size
0.14 ac|under 1 acre
Built in
2024
Parking Type
See Remarks,Street,Other,Stall
Building
Bathrooms
Total
5
Interior Features
Flooring
Vinyl
Basement Type
Full
Building Features
Style
Attached
Architecture Style
Bungalow, Ranch
Square Footage
2184 sqft
Heating & Cooling
Cooling
Heat Pump
Heating Type
Heat Pump
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Parking
Parking Type
See Remarks,Street,Other,Stall
Total Parking Spaces
4
Level Rooms Dimensions
Main level Full bathroom 8'5'' x 11'1''
Bedroom 9'3'' x 10'3''
Bedroom 9'7'' x 10'3''
Primary Bedroom 14'7'' x 11'1''
Kitchen 18'4'' x 15'5''
Living room 14'10'' x 10'8''
Additional Accommodation Full bathroom 7'6'' x 8'4''
Bedroom 11'1'' x 10'9''
Living room 12'2'' x 10'3''
Kitchen 12'2'' x 11'7''
Full bathroom 7'6'' x 8'4''
Bedroom 11'1'' x 10'9''
Living room 12'2'' x 10'3''
Kitchen 12'2'' x 11'7''

Features
           See Remarks            Street            Other
           Stall            Heat Pump
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Your Home Finance Calculation

Property Price CA $899,800
Bank Loan Amount CA $0
Monthly Installment CA $0

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