




This multi-family in Merritt offers 4,226 sqft of living area on a 0.21 ac lot. Built in 1960, 2 storeys. The property has lot dimensions of 0.21. The home features laminate flooring, baseboard heaters heating. Highlights include a 12-car garage.
You're looking to take your investment portfolio to new heights. It doesn't take a top gun to know that this 6 plex located in beautiful Merritt, BC is a hard lock. This 6 unit walk up building takes away a lot of the pain points for the would be owner: professional management, 400 amp service and separate utilities for each unit, in unit laundry, xeriscaped front yard, and fresh crush and level in the parking area behind the building. Substantially renovated in 2025 it features new plumbing, new electrical, new insulation and an overall face lift to give your tenants pride of ownership. PLUS There's a basement area that could be divided into storage lockers for additional income potential. With the units rented out for roughly $1700 each, the building is taking home $10,175 a month. The property is also perfectly situated in Merritt, close to the Aquatic Centre, the skating and curling rink, the civic centre, shopping, restaurants, public transit, and amenities. Make your money work for you with this passive income opportunity - property is fully tenanted so please allow 48-72 hours notice for showings. (id:60351)
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Listed by Jared Thomas, Real Broker B.C. Ltd
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Listing represented by Jared Thomas, Real Broker B.C. Ltd · MLS# 10377981
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.