Fully rented & purpose-built for performance, this 9-unit investment property (6 already built) offers immediate income w/ future development potential in place. GROSS INCOME $132,720 | NET INCOME $75,950 | POTENTIAL GROSS $153,900. Located at Main & Grain in Selkirk, the property features 2 modern triplex buildings (3 units each), w/ all 6 three-storey townhome-style units fully rented with low turnover. Each unit offers a spacious 1,700 sqft layout with 3 beds, 2.5 baths, oversized insulated single attached garage w/ storage, open-concept main floor living, kitchen with SS appliances & in-suite laundry, balcony, plus bedrooms upstairs. All units feature independent mech systems (HRV, high-eff furnace, HWT & central A/C), along with separately metered water, hydro & gas. One unit features upgraded finishes. The site also includes a poured foundation w/ services in place for a 3rd building (potential for 3 additional units based on available plans), plus asphalt parking pad with 11 surface stalls. Seller may complete 3rd build to framing/drywall stage for the right buyer, offer & terms. A true turnkey, income-producing asset with built-in scalability in a growing community. CONTACT US FOR A BROCHURE.
Single Attached, Heated, Indoor Parking, Insulated, Parking Pad, Surface
Covered Parking Spaces:
6
Total Parking Spaces:
17
Paved Parking Spaces:
11
Number Garages:
6
Construction:
Wood Frame
Corner, Downtown, High Traffic Location, Public Transportation, Street Exposure
1 or More Washrooms, Appliances Included, Balconies, Fully Air Conditioned, Separate Entrances, Separately Meter Water, Separately Metered Gas, Separately Metered Hydro, Storage
Gross Income:
132720.0
Net Income:
75950.0
Tenant pay for:
Gas, Hydro, Water
Repairs expenses:
6660.0
Insurance expenses:
6507.0
Lease Op Costs Include:
Land Tax, Management
Total Expenses:
56770.0
Title to Land:
Freehold
Lease type:
Annual
Number of Buildings:
2
Power Type:
120/208 V
Number of suites:
6
Number of Units:
6
3-Bedroom Units:
6
Welcome to 210 Main "Main+Grain", Selkirk!
Concept rendering of future 3rd building and existing asphalt parking layout.
Rare opportunity to acquire a 9-unit complex with 6 fully rented units already constructed. The property features two 1,700 sq ft triplex buildings with oversized attached heated garages, plus a poured foundation and services ready for the 3rd triplex, al