861 Martin Avenue, Kelowna North, Kelowna

861 Martin Avenue

Kelowna North, Kelowna

861 Martin Avenue

Kelowna North, Kelowna

$1,175,000

Bedroom icon5
Bathroom icon4
Squarefootage icon2,480 sqft

About this House

House and Carriage house on a large MF1 zoned lot. This is an investor/developer\'s dream property. It has strong holding power right now as well as great development potential in the future in an ideal location to maximize your investment now and later. The oversized, 55 ft x 135 ft lot with alley access (.17 acres or 7,425 sqft) allows a developer to build bigger than average units in a future 4 plex or 6-plex that can be sold for more when finished. It would also allow for 2 duplexes instead of 1 fourplex to be built, similar to what was done across the street. In the meantime, the main home and carriage house are bringing in good rental income with great tenants until the time is right to start your development project. Like I said, this is an investor/developers dream property to purchase. (id:14735)

Listed by Century 21 Assurance Rea.

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Features

  • MLS®: 10310424
  • Type: House
  • Bedrooms: 5
  • Bathrooms: 4
  • Square Feet: 2,480 sqft
  • Full Baths: 3
  • Half Baths: 1
  • Parking: 4 (See Remarks)
  • View: Mountain view
  • Storeys: 3 storeys
  • Year Built: 1960
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778.297.3000