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$139,000

1703 Menzies Street Unit# 303, Merritt, British Columbia, V1K 1A6

MLS® # 10375009

1 Beds

Bath

586  FEETSQ

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Merritt BC, V1K 1A6

MLS® # 10375009

Property Information:

Investor alert! If you’ve been looking for a simple, low-maintenance way to get your foot in the real estate investing door, this 1 bedroom, 1 bathroom unit in Nicola Apartments is tough to ignore. Step inside to a functional galley kitchen that flows into your own dedicated dining area and a bright living room—a classic layout that just makes sense. The bedroom is generously sized, there’s a full bathroom, and you’ll love the extra storage: in-suite storage, deck storage, plus the bonus of your own hot water tank (hello, fewer shared-building surprises). Even better? This is a turnkey rental: currently tenanted at $1,100/month, with the tenant paying their own utilities, and they’d love to stay—meaning you can start collecting rent without the vacancy stress. It's even being fully managed if that's something you prefer. Numbers at a glance: Rent: $1,100/month, Strata fee: $249.37/month, Taxes: $1,522/year. Tenanted unit—please allow 24 hours notice for showings. Whether this is your first investment property or you’re adding a no-fuss rental to the portfolio, this is a smart little opportunity worth a look. (id:27)

Building Features:

  • Style: Apartment
  • Building Type: Apartment
  • Floor Space: 586 sqft
  • Roof Material: Roof Material
  • Roof Style: Unknown
  • Heating Type: Baseboard heaters

Property Features:

  • OwnershipType: Strata
  • Property Type: Single Family
  • Bedrooms: 1
  • Bathrooms: 1
  • Built in: 1978
  • Community Features: Rentals Allowed
  • Condo Fees: $249 Monthly
  • Floor Space (approx): 586 Square Feet
  • MaintenanceFee Type: Insurance, Property Management, Waste Removal, Water
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 1

Rooms:

  • Bathroom Main Level Measurements not available
  • Primary Bedroom Main Level 10'6'' x 9'9''
  • Dining Main Level 10'3'' x 8'9''
  • Living Main Level 13'3'' x 14'3''
  • Kitchen Main Level 8'3'' x 6'5''

Courtesy of: Real Broker B.C. Ltd

REALTOR.ca  

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Location of 1703 Menzies Street Unit# 303, Merritt, British Columbia, V1K 1A6

Demographic Information of 1703 Menzies Street Unit# 303, Merritt, British Columbia, V1K 1A6

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$93,093.39

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.74 %

High school certificate or equivalent

33.8 %

Apprenticeship trade certificate/diploma

8.65 %

College/non-university certificate

20.25 %

University certificate (below bachelor)

0.96 %

University Degree

9.61 %

Commuter

Travel To Work

By Car

91.59 %

By Public Transit

0.32 %

By Walking

3.3 %

By Bicycle

0.0 %

By Other Methods

4.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

4.87 %

Houses

95.13 %

Own Vs. Rent