Penthouse
8 Bedrooms
4 Bathrooms
Size: 4,220 sqft
Mnt Fee:
$1,875,000
About this Penthouse in Kelowna South
This well-maintained fourplex features four spacious 2-bedroom, 1-bathroom suites, each with a private entrance and its own outdoor living area surrounded by generous green space. Tenants enjoy on-site storage, designated parking spots, and convenient coin laundry. Situated on a large 0.22-acre MF1-zoned lot with dual access from both Raymer Avenue and Bouvette Street, the property offers excellent functionality and investment appeal. The upper suites, each 1,100 sq. ft., and the lower suites, each 1,000 sq. ft., have been thoughtfully upgraded and well cared for. Current rental income is strong, with 1179A at $1,800/month, 1179B at $2,100/month, 1175A at $1,367/month, and 1175B at $1,820/month, generating a total monthly income of $7,087. With its solid returns, prime location, and appealing layout, this property is an excellent income-producing opportunity in a desirable area. (id:14735)
Listed by CIR Realty.
Brought to you by your friendly REALTORS® through the MLS® System and OMREB (Okanagan Mainland Real Estate Board), courtesy of Team 3000 Realty Ltd. (Okanagan) for your convenience.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
More Details
- MLS®10367677
- Bedrooms8
- Bathrooms4
- TypePenthouse
- Size4,220 sqft
- Year Built1973
More about Kelowna South, Kelowna
Latitude: 49.86468
Longitude: -119.47584
Similar Listings
2 - 781 Raymer Avenue
Kelowna South, Kelowna
Listed by Royal LePage Kelowna.
408 Royal Avenue
Kelowna South, Kelowna
Listed by Century 21 Assurance Realty Ltd.