Bruce Cottier
Referral Member
Questions? Call: (778) 760-4645
MLS® 10381211 is as 3,581sqft House located at 850 Hollywood Road N, in Kelowna British Columbia. The property features 9 bedrooms, and 5.00 bathrooms.
Rare 7.6% CAP Rate – Turn-Key Multi-Unit Powerhouse! Stop searching for the ""perfect"" investment—it just arrived. This massive multi-generational estate offers a rare combination of high-yield cash flow and premium 2023 renovations. Currently generating a staggering $9,200/month in rental income from students and professionals, this property is a great cash flow investment. The Layout: Main Residence: Spacious 9 Bedrooms / 5 Bathrooms, 4 kitchen home. Dual Suites: Two fully self-contained 2-Bedroom suites. Bonus Potential: A dedicated bachelor suite (plumbed/ready for easy bathroom install). The $250,000 Edge: Forget the typical ""run-down"" rental. This home was extensively updated in 2023. We’re talking a brand-new roof, modern bathrooms, fresh upstairs flooring, and professional landscaping. Prime Location: Situated in a quiet, safe Rutland North pocket right behind Pearson Elementary. It’s perfectly positioned on a major bus route to UBCO, ensuring your vacancy rate stays near zero. Whether you’re looking for a blue-chip addition to your portfolio or a multi-generational family home that pays for itself, this is it. PS: Windows and Furnace are original but in good working order. Measurements are from iGuide, if important, please re-measure. FURNITURE NEGOTIABLE (id:6289)
| Avg. asking price | $1,067,532 |
| Price per sq. ft. | $492 |
| Median price | $783,500 |
| Number of homes for sale in Rutland North | 198 |
| Number of homes for sale in Kelowna | 2174 |
| Avg. Days on Market | N/A |
Additional Parking, Attached Garage
Golf Nearby, Airport, Recreation, Schools, Shopping
City view, Mountain view, Valley view
Carpeted, Laminate, Wood,,,,,,Smoke Detector Only,,,,,,,,,,Drywall
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