435 5th Avenue, Burns Lake, British Columbia

$1,500,000

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8,090

Square feet

1.39

Acres

About 435 5th Avenue

Fantastic multi family property on 1.39 acre lot. The need for rental units in Burns Lake is on the rise, and this is your chance to jump in! 1 building built in 2024 has 4 x 2bdrm / 2 full baths, 1 older building with some recent renos with 4 X 2 bdrm/ 1 bath. Each unit has separate laundry. Fully tenanted with 1 year renewable leases and great tenants. Rents currently totalling $11,000 mth / $132k yr, plus tenants pay utilities. The lot has been cleared and ready for more development. As per Seller, town planners have given the OK for 32 units on the lot, with great potential for 20 (Buyer to verify). Check out the pavers in the parking lot! The potential is huge! (id:6289)

Features of 435 5th Avenue

Listing # C8072085
Price $1,500,000
Bathrooms 0.00
Square Footage 8,090
Acres 1.39
Type Multi-family

Community Information

Address 435 5th Avenue
City Burns Lake
Province British Columbia
Postal Code V0J1E0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Listing Details

OfficeRoyal LePage Aspire Realty

Listing Map

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Listing information last updated on October 21st, 2025 at 11:46pm PDT.