435 5TH AVENUE - Photo 1 of 19, Burns Lake, British Columbia
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$1,500,000

435 5TH AVENUE — Burns Lake, British Columbia

V0J1E0

8,090Sq Ft
1Lot Sq Ft

About This Property

Fantastic multi family property on 1.39 acre lot. The need for rental units in Burns Lake is on the rise, and this is your chance to jump in! 1 building built in 2024 has 4 x 2bdrm / 2 full baths, 1 older building with some recent renos with 4 X 2 bdrm/ 1 bath. Each unit has separate laundry. Fully tenanted with 1 year renewable leases and great tenants. Rents currently totalling $11,000 mth / $132k yr, plus tenants pay utilities. The lot has been cleared and ready for more development. As per Seller, town planners have given the OK for 32 units on the lot, with great potential for 20 (Buyer to verify). Check out the pavers in the parking lot! The potential is huge! (id:63357)

Property Details

Property Type
Multi-Unit
Living Area
8,090 sqft
Status
Active

Location & Neighborhood

What's nearby 435 5TH AVENUE

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POI data updated 1/31/2026

Last updated: Jan 25, 2026

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$1,500,000