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1406 Fourth Av 4 Unit Apartment Building $359,712 USD ($89,928 USD/Unit) 5.50% Cap Rate Trail, BC V1R 1S4
Investment Highlights
- Fully renovated fourplex
- Income-generating investment
- Close to downtown amenities
- Four 1-bedroom units
- Modern interiors throughout
- Strong rental demand area
Executive Summary
Seize the opportunity to own a fully renovated, income-generating fourplex in the heart of Trail, BC. With four self-contained 1 bedroom units, this property is perfect for the savvy investor looking for a low-maintenance, high-potential addition to their portfolio. Situated on a manageable 0.08 acre lot, this 1,280 sq ft building has been thoughtfully updated throughout, offering clean, modern interiors that attract quality tenants. Located just minutes from downtown Trail and close to transit, shopping, schools and recreational amenities, this property benefits from strong rental demand in the area. With all units currently occupied, you'll enjoy immediate cash flow from day one.
Property Facts
| Price | $359,712 USD | Apartment Style | Single-Family Home |
| Price Per Unit | $89,928 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.50% | Building Size | 2,000 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1934/2023 |
| Price | $359,712 USD |
| Price Per Unit | $89,928 USD |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 2,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1934/2023 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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1406 Fourth Av
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