661/667 Russell Lane, Lillooet, British Columbia

About 661/667 Russell Lane

Nestled in the heart of Lillooet, BC, this fully tenanted 4plex presents a unique investment opportunity for those seeking a blend of stable income and idyllic living. The property consists of four distinct units, each with its own character and amenities, catering to a variety of tenant needs and preferences. Unit 3 is a gem within the complex, featuring 2 comfortable bedrooms and 1 bathroom, complemented by a lower level dedicated to laundry and shared utilities. This unit extends into a spacious side yard, perfect for leisure and outdoor activities, and grants access to a detached workshop. The workshop, measuring an impressive 24x27 feet, has been recently updated with hardie board siding, offering ample storage and workspace for hobbies or projects. Unit 2 is designed with efficiency in mind, offering a cozy 1 bedroom suite equipped with convenient in-unit laundry, making it an ideal space for singles or couples. Similarly, Unit 1 provides a 1 bedroom suite with in-unit laundry facilities, ensuring privacy and comfort for its occupants. Unit 4 stands out with its extensive updates and thoughtful layout. This lower suite boasts 2 bedrooms and separate laundry facilities, which could be transformed into a 3rd bedroom if desired. The living area is adorned with laminate flooring and flows seamlessly into the dining and kitchen areas, creating an inviting open-concept space. All units are currently occupied by excellent long-term tenants, generating a combined monthly income of $2,346, with tenants responsible for their own BC Hydro expenses. The property has seen significant updates, including a new roof in 2014, electrical improvements, and the installation of current Hot Water Tanks for each unit, ensuring minimal maintenance concerns for the new owner. The 4plex is conveniently located within walking distance to Lillooet's central town area, where residents can enjoy easy access to groceries, bakeries, coffee shops, banking, pharmacies, and more, all whil (id:6289)

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