AMAZING INVESTMENT OPPORTUNITY!!! 7 UNIT COMPLEX, potential RENTAL INCOME of $96,000/year (3 large commercial units plus 4 residential units) in prime location in the heart of Okanagan Falls in gorgeous South Okanagan Valley, 10 minutes from Penticton. PRIME HIGHWAY EXPOSURE mixed-use commercial / residential building with all four residential units (2 units located on the upper level of main building and 2 units within attached duplex at the back) currently rented to long term tenants, one commercial space currently rented and two commercial units available for rent or for your immediate use, downtown-commercial zoning, allowing for an array of uses. 5 out of 7 units currently rented, current rental income, $60,000/year, potential rental income $96,000 or more on full occupancy. Separate ductless heating and air conditioning systems in all commercial units, separate bathrooms and extra storage. Seize this chance – it is just waiting for an investor to unlock its full potential! (id:2493)
Property Type:
Multi-family
Size Interior:
3,640 sq. ft.338.167 m2
Transaction Type:
For sale
Ownership Type:
Freehold
Community:
Okanagan Falls
Amenities:
Schools, Shopping
Features:
Level lot
Building Type:
Multi-Family
Half Bathrooms:
0
Age:
34 years
Cooling:
See Remarks, Wall unit
Fireplace:
No
Heating:
Other, See remarks
Heating Fuel:
Electric
Roof Style:
Tar & gravel, Unknown
# Storeys:
2.0
Water:
Irrigation District
Sewer:
Municipal sewage system
Land Amenities:
Schools, Shopping
Road Access:
Easy access
Landscape Features:
Level
Acreage:
No
Lot Size:
7,405.2 sq. ft.687.966 m2
Lot Size:
0.17 ac|under 1 acre
Lot Details:
0.17
Parking Type:
Other
Listed by RE/MAX Realty Solutions
Data was last updated May 4, 2024 at 05:15 PM (UTC)
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