244 E Avenue

Investment opportunity awaits at Lakeview Mobile Home Park located at 244 E Ave! This .95-acre property currently features seven rental pads with long-term tenants providing steady monthly income, plus an additional pad that is currently vacant and offers potential for future income. The property also includes a 2-bedroom, 1-bathroom home that currently generates rental income but could also be used as a comfortable residence for the new owner. The property has seen several important updates and improvements, including new water lines throughout the property completed in 2021, electrical updates throughout the park, and tree removal. There are also two septic tanks serving the property that are regularly maintained and were recently emptied in 2025. Located in desirable lower Kaslo, the property is just a few blocks from downtown shopping and only half a block from the Kaslo River. Kootenay Lake is approximately a block away, with Vimy Park located at the end of the street. With a central location, multiple income-producing rental pads, an additional vacant pad, and a home that could either generate income or serve as an owner's residence, this property offers a unique combination of cash flow and long-term potential. Whether you're an investor looking to expand your portfolio or someone looking for a home with built-in rental income, 244 E Ave presents an excellent opportunity with plenty of potential. (id:67197)

Price

$825,000

Property Type

Other

Transaction Type

For sale

MLS® Number

10400726

Building Type

Residential Commercial Mix

Fireplace

No

Size Total

0.94 ac|under 1 acre

Size Frontage

110 ft

Acreage

No