$649,900
421/423 Alexander Avenue
Beds
3
Baths
1
Sqft
—
Year
1957
About this home
Great opportunity for investors or first-time home buyers looking for a mortgage helper! This duplex property offers flexibility, income potential, and a convenient location close to everything Kamloops has to offer.Each side features 3 bedrooms and 1 bathroom, making it ideal for families, students, or long-term tenants. One side has been newly updated and is clean, bright, and move-in ready, while the other side is currently rented, providing immediate income.Located just minutes from TRU, Royal Inland Hospital, downtown Kamloops, parks, shopping, and transit, this property offers strong rental appeal and everyday convenience.Whether you’re looking to live in one side and rent the other, expand your investment portfolio, or secure a property in a central location, this duplex offers fantastic potential.Investment opportunity + flexibility + great location. Near mirror image of both sides. *Viewing #421 upon 2nd showing & 24hrs notice required (id:65958)
- Subtype
- Single Family
- Architectural style
- Other
- MLS#
- 10378575
- Area
- KAMLOOPS
Cash on cash
-11.93%
Cap rate
3.50%
GRM
16.7
Break-even rent
$4,610
Financing
Operating expenses (monthly)
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
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.