Area: British Columbia
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1331 Selkirk presents a rare opportunity to secure a legal fourplex with strong cash flow and upside potential. Offered at $999,999, this property generates approximately $110,000 in gross rents and nets around $94,000 annually—positioning it near a compelling 9% cap rate. The building has seen consistent care over the years, including a new roof (2025) and updated electrical and plumbing systems. Furnaces and hot water tanks have also been upgraded (dates to be confirmed). While not extensively renovated, the property has benefited from ongoing maintenance and practical improvements, offering a solid, low-risk investment with room to add value over time. Each unit is spacious, featuring 3 bedrooms up with additional basement space. 1331 and 1333 include basement bathrooms, while 1335 and 1337 offer finished basements without bathrooms down. All existing bathrooms are full. With strong in-place income, proven upgrades, and future upside, this is an excellent opportunity for investors seeking stability and long-term growth. Sqft on listing represents Unit 1331 only, all meas are approx and buyer to confirm if important. (id:44056)

Property Details

Full Address:
1331 Selkirk Avenue, Kamloops, British Columbia
Price:
$ 999,999
MLS Number:
10382355
List Date:
April 8th, 2026
Lot Size:
0.27 ac
Year Built:
1965
Taxes:
$ 4,663

Interior Features

Bedrooms:
3
Bathrooms:
2
Air Conditioning:
Central air conditioning
Heating:
Forced air
Basement:
Full

Building Features

Storeys:
3
Sewer:
Municipal sewage system
Water:
Municipal water
Garage:
Street, Additional Parking
Ownership Type:
Freehold
Taxes:
$ 4,663

Floors

Finished Area:
1294 sq.ft.

Land

Lot Size:
0.27 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Blair Rota eXp Realty (Kamloops)
 250-819-9925
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Listing Agent(s)

Listing: Blair Rota
eXp Realty (Kamloops)
Co-Listing: Erin Arksey
eXp Realty (Kamloops)

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