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Investment signal

$333,000

302 6th Avenue NW

Beds

2

Baths

2.1

Sqft

Year

1949

About this home

Nestled on a corner lot in the heart of downtown Nakusp, this charming 2-bedroom, 2-bathroom home offers a perfect blend of comfort and convenience. Ideal for first time home buyers or as an investment property, it features a private backyard space, a sundeck for outdoor relaxation, and a garage for storage. Enjoy stunning mountain views and easy access to all local amenities including shops, cafes and the waterfront promenade. Whether you're starting your home ownership journey or seeking a rental opportunity in a picturesque setting, this property is a must see! (id:65958)

Subtype
Single Family
Lot size
0.13 acres
MLS#
10378051
Area
NAKUSP
Negative cash flow ~$478/mo at these assumptions

Cash on cash

-8.62%

Cap rate

4.17%

GRM

14.6

Break-even rent

$2,403

Financing

Down payment$66,600
Loan amount$266,400
Mortgage$1,634/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$153
Insurance$80
Maintenance$278
CapEx reserve$139
Vacancy loss$95

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,634/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.

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