Jody Andrews
Referral Partner
Questions? Call: (778) 760-9020
Exceptional opportunity to invest in a meticulously stratified 8-condo apartment building, constructed in 1996 with separate titles for each unit. Featuring a balanced distribution of four condos on both the upper and ground levels, residents can enjoy the luxury of balconies or patios, depending on their unit. Ample parking is provided with one open space allotted per unit. Each condo boasts approximately 506 square feet of space, comprising a bedroom, living room with gas fireplace and hardwood floors, storage units, an open kitchen-living area layout, a four-piece bath, and in-suite laundry facilities. Four of the units have undergone extensive renovations, enhancing their appeal and value. With a potential rental income of $1400 per month per unit, this easily manageable property with low expenses represents a lucrative investment. Ideally located within walking distance of downtown amenities, beaches, and the hospital, this building already houses long-term tenants, offering a secure and promising investment opportunity. The entire building is available for sale, presenting an attractive prospect for discerning investors. (id:6289)
| Avg. asking price | $929,714 |
| Price per sq. ft. | $547 |
| Median price | $659,000 |
| Number of homes for sale in Main North | 175 |
| Number of homes for sale in Penticton | 537 |
| Avg. Days on Market | N/A |
Multi-family
Penticton, British Columbia
For The First Time On The Market – A Fantastic Investment Opportunity! This 10-unit Stratified Condo Apartment Building Includes 5 Studio Units And 5 One-bedroom Apartments. Each Unit Is Filled With Natural Light From Numerous Windows And F ...(more)
Multi-family
Penticton, British Columbia
First Time On The Market .19 Of An Acre Has Alley Access. 6 Unit Walk Up Apartment Consists Of 4-two Bedroom Units And 2 Studio Units. All Units Have Fridge And Stove And Wall Air Conditioners. Shared Laundry In The Building. All Units Have ...(more)
Multi-family
Penticton, British Columbia
First Time On The Market .275 Of An Acre Corner Lot, With Alley Access. 8 Unit Walk Up Apartment Consists Of 4-one Bedroom And 4-two Bedroom Units. All Units Have Been Maintained With Low Turnover. All Units Have A Fridge And Stove And Wall ...(more)
