1121 Old Lakelse Lake Drive, Rural East/Cedarvale, Terrace

$774,900 |   MLS® Number  R2948039

Fourplex for sale in Rural East/Cedarvale, Terrace, Terrace, 1121 Old Lakelse Lake Drive, 262969666 | Realtylink.org

Fourplex for sale, 15 rooms, 5 bedrooms, 4 bathrooms

Style
2 Storey
Year Built
1983
Floor Area
3,150 sqft
Lot Size
236,531 sqft
Lot Frontage
276 ft
Amenities
Storage, Workshop Detached
View
Mountain
Property Taxes
$4,150 (2024)

Substantially rebuilt in 2017 this gorgeous multifamily home is nestled on 5 acres just a short distance from Lakelse Lake between Terrace and Kitimat. Ideal for those who are working in Kitimat, but have Terrace ties. This home offers modern beauty and country living in one package. Two one-bedroom units below are currently tenanted; upstairs is currently configured as a very spacious 2 bedroom with a 1-bedroom Batchelor suite, but with the unlocking of a door, becomes one very spacious 3 bedroom, with an ensuite in the Primary! This building and property is in exceptional condition, with newer well and septic, making services simple and worry free! Investors, this provides excellent returns in the 9.5% range, and if you want a home with two to three mortgage helpers, look no further!