$1,699,000
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1801 Chapman Street, Merritt, BC V1K1R6

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1801 Chapman Street (2 titles) presents a premier acquisition opportunity for an occupied, 18-unit multifamily asset in the expanding Southern Interior hub of Merritt, BC, generating approximately $200, 000 in gross annual rental revenue. Repositioned from a hospitality property under versatile C-6 zoning, this stabilized asset offers immediate, defensive cash flow paired with a distinct value-add profile. Strategically located steps from Merritt's downtown commercial core, the property benefits from high-walkability transit access, surface parking, common coin-operated laundry, and select renovated suites. New ownership is positioned to capture substantial rental upside and optimize Net Operating Income (NOI) through suite modernization and proactive asset management, all while capitalizing on the region's historically low vacancy rates, strong macroeconomic fundamentals, and long-term redevelopment potential. Updates include; roof in 2020 & 2021 fasteners replaced, seams caulked and resealed, vent flashing and trim replaced, new paint and guards, 100% sheet metal (no torch on present), 2020 new boiler & 2022 domestic hot water boiler added, 2020 to 2022 water lines were replaced with PEX, sewer line was replaced with ABS. Parking lot re-surfaced in 2021. Call the listing agent today for more information. Can be sold as either a share sale or asset sale. (id:58753)

Listing By: Stephan Klausat - Century 21 Assurance Realty Ltd cncrea2 Realty.com
  • MLS® 10395075
  • Date Listed07/17/2026
  • Days on Realty 12 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 31,363 sq. ft
  • Sewer Public Sewer
  • Property Type Other
  • Year Built 1975
  • Water Public

Interior Features

  • Heating Electric

Exterior / Lot Features

  • Roof Membrane, Other
  • Lot Size Acres -
  • Lot Size SQFT 31,363.20
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for V1K1R6

Discover key demographics, population statistics, and environmental insights for the Merritt, BC area.

Walkability in BC / V1K1R6

Source: Walk Score

73/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

62/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 14/100, Transit Score: 0/100, Bike Score: 23/100.

Points of Interest near 1801 CHAPMAN Street, Merritt, BC V1K1R6

Frequently Asked Questions for 1801 CHAPMAN Street

Source: Realty.com

1801 CHAPMAN Street, Merritt, BC V1K1R6 in Merritt, BC V1K1R6 is a other listed at $1,699,000. Highlights include built in 1975. Realty.ca has 31 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 31 photos of 1801 CHAPMAN Street.

Our records indicate that 1801 CHAPMAN Street was built in 1975.

The full address for this home is 1801 CHAPMAN Street, Merritt, BC V1K1R6.

1801 CHAPMAN Street has been listed on Realty.com since Fri July 17, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 14/100, Transit Score: 0/100, Bike Score: 23/100.

Listing provided courtesy of: Century 21 Assurance Realty Ltd
Listing agent: Stephan Klausat

This content last refreshed on 2026-07-29 02:16:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.