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2509 4th Street S Cranbrook, British Columbia V1C 5C5

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Steven Throndson

(250) 919-3366
www.hometownrealtygroup.ca

Real Broker B.c. Ltd
#1100 - 1631 Dickson Avenue
Kelowna, British Columbia V1Y 0B5

(888) 828-8447
www.onereal.com/

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5 Bedroom 3 Bathroom 2184 sqft
Bungalow, Ranch Heat Pump Heat Pump

$899,800

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:26472)

Property Details

MLS® Number 10353424
Property Type Single Family
Neigbourhood Cranbrook South
Parking Space Total 4
View Type Mountain View

Building

Bathroom Total 3
Bedrooms Total 5
Architectural Style Bungalow, Ranch
Basement Type Full
Constructed Date 2024
Construction Style Attachment Attached
Cooling Type Heat Pump
Flooring Type Vinyl
Heating Type Heat Pump
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 1
Size Interior 2184 Sqft
Type Triplex
Utility Water Municipal Water

Parking

Additional Parking
Street
Other
Stall

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.14
Size Total 0.14 Ac|under 1 Acre
Size Total Text 0.14 Ac|under 1 Acre
Zoning Type Unknown

Rooms

Level Type Dimensions
Main Level Full Bathroom 8'5'' x 11'1''
Main Level Bedroom 9'3'' x 10'3''
Main Level Bedroom 9'7'' x 10'3''
Main Level Primary Bedroom 14'7'' x 11'1''
Main Level Kitchen 18'4'' x 15'5''
Main Level Living Room 14'10'' x 10'8''

https://www.realtor.ca/real-estate/28514735/2509-4th-street-s-cranbrook-cranbrook-south