Investment chance in Penticton with 8 units! Comprising of two 2018-built four-plexes, each includes two duplexes with legal suites. Each four-plex offers two units of 2-bed/2-bath and two of 1-bed/1-bath, all with in-suite laundry and individual metering. Built with modern designs, custom cabinetry, and energy-efficient heat pumps. Centrally located near Safeway, Starbucks, Shoppers Drug Mart, and BC Liquor Stores, including designated parking. Penticton's low vacancy rates promise a strong CAP rate. Ideal for solo investors, partnerships, or residing in one unit while renting the others. Potential to generate gross monthly rents exceeding $14,000.00. (id:35966)
Listing Details
Property Details
- Full Address:
- 120/124 Calgary Avenue, Penticton, British Columbia
- Price:
- $ 2,700,000
- MLS Number:
- 10303096
- List Date:
- January 25th, 2024
- Neighbourhood:
- Main North
- Lot Size:
- 0.21 ac
- Year Built:
- 2018
- Taxes:
- $ 12,668
Interior Features
- Air Conditioning:
- See Remarks
- Heating:
- Forced air, Electric
Building Features
- Storeys:
- 2
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Asphalt shingle, Other, Unknown
- Zoning:
- Multi-Family
- Garage:
- Surfaced
- Ownership Type:
- Freehold
- Taxes:
- $ 12,668
Floors
Land
- Lot Size:
- 0.21 ac
- Water Frontage Type:
- Other
Neighbourhood Features
- Amenities Nearby:
- Pets Allowed, Rentals Allowed
Ratings
Commercial Info
Location
Neighbourhood Details
REALTOR® Details
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