425 Leathead Road, Rutland South, Rutland

425 Leathead Road

Rutland South, Rutland

425 Leathead Road

Rutland South, Rutland

$1,899,888

About this Multi-Family

OPPORTUNITY FOR DEVELOPERS to purchase 2 lot land assembly, a total of 0.44 acres a multifamily development site zoned under UC. This corner lot land assembly is located in Rutland Central, close to Hwy 97. Currently, The 2 homes are tenant occupied and generating current rent of $9,340! This 6 storey multifamily building will provide 56 homes comprising a 2.10 FAR on 45,933 Sqft. Bonus FAR available up to 2.50 FAR. Distance to UBC Okanagan is around 7 min and 8 min to Kelowna Airport. LAND ASSEMBLY: 2 LOTS: 545 Froelich Rd (10303615) and 425 Leathead Rd. (id:14735)

Listed by eXp Realty.

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Features

  • MLS®: 10303540
  • Type: Multi-Family
  • Building: 425 Leathead Road, Rutland
  • Half Baths: 0
  • Storeys: 1 storeys
  • Year Built: 1937
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778.297.3000