822 SPRUCE STREET, Blue River | $1,200,000

Amazing investment opportunity in the popular town of Blue River, known for its world famous Heli-Skiing, snowmobiling & summer recreation. This Fourplex features 4 self-contained apartment style units for commercial/rental use & was fully reconfigured, engineered & renovated inside & out with permits through the TNRD in 2019. Upgrades all new in 2019 include: standing seam metal roof and reinforced roof framing; covered multi-level screened-in deck, plumbing, commercial grade septic system, self-contained heat recovery ventilation units (1 for each suite), baseboard heating throughout, electrical panels & wiring (1 per suite, with 1 having the shared spaces added), on-demand hot water heaters (1 for the main level suites & 1 for the upper level suites), interconnected smoke/CO2 alarms throughout, insulation on all the exterior walls; sound bars, insulation & fire rated drywall in shared walls & ceiling assemblies, triple pane windows & coverings throughout, & the exterior finished with James Hardie fiber cement siding & trim. Mechanical & electrical rooms are fully accessible from the exterior of the building. This building also features 1 wheelchair accessible suite (Murtle Suite). The property includes a detached garage, with a concrete floor slab and a drain. There is ample storage at the rear of the garage, accessed via a garage door. At the front of the garage, in a beautiful spa-like setting, is a new six person hot tub accented by cedar clad walls & screened-in frames to allow proper ventilation, complete with a floor drain underneath pressure treated decking. Great revenue producer with potential to be used as a recreational getaway with a group or continue with short term rentals. This building is move in ready with no maintenance or upgrades required. Turn key with 90% of the furniture & accessories included in the price, all you need to do is pack your bags and enjoy! Vacant residential property next door could be negotiated into the sale.

Description

Amazing investment opportunity in the popular town of Blue River, known for its world famous Heli-Skiing, snowmobiling & summer recreation. This Fourplex features 4 self-contained apartment style units for commercial/rental use & was fully reconfigured, engineered & renovated inside & out with permits through the TNRD in 2019. Upgrades all new in 2019 include: standing seam metal roof and reinforced roof framing; covered multi-level screened-in deck, plumbing, commercial grade septic system, self-contained heat recovery ventilation units (1 for each suite), baseboard heating throughout, electrical panels & wiring (1 per suite, with 1 having the shared spaces added), on-demand hot water heaters (1 for the main level suites & 1 for the upper level suites), interconnected smoke/CO2 alarms throughout, insulation on all the exterior walls; sound bars, insulation & fire rated drywall in shared walls & ceiling assemblies, triple pane windows & coverings throughout, & the exterior finished with James Hardie fiber cement siding & trim. Mechanical & electrical rooms are fully accessible from the exterior of the building. This building also features 1 wheelchair accessible suite (Murtle Suite). The property includes a detached garage, with a concrete floor slab and a drain. There is ample storage at the rear of the garage, accessed via a garage door. At the front of the garage, in a beautiful spa-like setting, is a new six person hot tub accented by cedar clad walls & screened-in frames to allow proper ventilation, complete with a floor drain underneath pressure treated decking. Great revenue producer with potential to be used as a recreational getaway with a group or continue with short term rentals. This building is move in ready with no maintenance or upgrades required. Turn key with 90% of the furniture & accessories included in the price, all you need to do is pack your bags and enjoy! Vacant residential property next door could be negotiated into the sale.

General Info


MLS Listing ID: 179536 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: N/A Lotsize: 8276 sqft Air Conditioning : N/A

Amenities/Features


  • Wheelchair access

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .