About This Property
Prime Development Opportunity – Renovated Home on 0.47 Acres in a Central Location. Develop now or plan for the future with excellent cash-flow potential. Sitting on a level 0.47-acre lot, the house and property enjoy a private, park-like setting while still being within walking distance to Piccadilly Mall, sports fields and downtown amenities. Whether you're looking for a comfortable place to call home or an investment with serious upside, this property checks all the boxes. The updated two-story home offers 1,320 sq ft of finished living space, featuring 3 bedrooms and 1 full bathroom. The main floor boasts a modern kitchen, a spacious living area, and a bright primary bedroom. Upstairs, you'll find two generously sized bedrooms and a versatile open office/den area — perfect for working from home or a study nook. The full, unfinished basement offers excellent potential for a suite or additional living space, making this property ideal for both homeowners and investors alike. Zoned R5, this lot holds significant development potential — with the ability to accommodate multi-family housing (buyer to verify with City of Salmon Arm). A rare opportunity to live in or develop a property in one of the area’s most convenient and desirable locations. (id:64973)
At $435 per square foot, this Salmon Arm property is priced competitively compared to the local market, offering a significant value proposition. With a large 0.47-acre lot and potential for development, this home presents an attractive investment opportunity for those seeking to capitalize on the growth potential of Salmon Arm's real estate market.
Property Details
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