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CABCMerritt1801 Chapman St
1801 Chapman St, Home with 0 bedrooms, 0 bathrooms and null parking in Merritt BC | Image 1
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$1,749,900
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1801 Chapman St, Merritt, BC

Real Estate

For Sale

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000
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size  sqft
Garage No
Taxes $11,481
Days Active 2
Lot Size 
Approx. Age 1975
MLS® Number 10351721

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Discover 1801 Chapman Street in Merritt, BC — a fully rented 18-unit multifamily property generating approximately $204, 000 in gross rental annual income. Formerly operated as a motel, this C-2 zoned property has been converted into long-term residential rentals and offers a rare blend of steady cash flow and future upside. Located just steps from downtown, tenants enjoy walkable access to shops, services, and transit. The building includes a shared coin laundry and on-site parking, with several units already updated. There’s significant value-add potential through further renovations and improved management, allowing new ownership to increase revenue over time. Merritt is a growing hub in the Southern Interior with strong rental demand, low vacancy, and improving economic fundamentals — making it an increasingly attractive destination for real estate investors. If you're looking for an affordable, income-generating asset with redevelopment potential and long-term growth, reach out today for more information. (id:58753)Show Description
MLS® Number10351721
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1975
Basement
Driveway
Garage Spaces
HeatNo heat
A/C
Heating Fuel

Extras

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