Penticton Real Estate

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520 Westminster Avenue W in Penticton: Multi-family for sale : MLS®# 10324057

520 Westminster Avenue W Penticton V2A 1K6 :

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$1,275,000
Prop. Type:
Multi-family
MLS® Num:
10324057
Status:
Active
Westminster Apartments consists of 9 units, there are 6-TWO bedroom and 3-ONE bedroom units. Close to Okanagan Lake and Beach, downtown shopping, and endless restaurants within walking distance! Long-term tenants with most living at the complex for 10+ years, so the current rents are low and there is a positive upside that they could be increased over time. The current annual gross rent revenue is $95,500. The building is a little tired and requires a little work! The 2024 assessment value is $1,503,000. Only asking $155,444 per unit. (id:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
Switch units of measure7,350 sq. ft.
Zoning:
Residential
Taxes:
$8,153.57 / -
Community:
Main North
Exterior Features:
Brick, Stucco
Security Features:
Smoke Detector Only
Structure Type:
Multi-Family
Appliances Included:
Refrigerator, Range - Electric
Half Bathrooms:
0
Cooling:
Wall unit
Fireplace:
No
Heating:
Baseboard heaters, Electric
# Storeys:
2.5
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Size:
Switch units of measure6,098 sq. ft.
Lot Details:
0.14
Total Parking Spaces:
5
Listed by Royal Lepage Locations West
Data was last updated November 28, 2024 at 05:15 AM (UTC)
Paul Basso
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