$1,599,900
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:50889)
Property Details
MLS® Number
10302613
Neigbourhood
Okanagan Falls
Amenities Near By
Schools, Shopping
Features
Level Lot
Building
Constructed Date
1990
Cooling Type
See Remarks, Wall Unit
Heating Fuel
Electric
Heating Type
Other, See Remarks
Roof Material
Tar & Gravel
Roof Style
Unknown
Stories Total
2
Size Interior
3640 Sqft
Type
Multi-family
Utility Water
Irrigation District
Land
Access Type
Easy Access
Acreage
No
Land Amenities
Schools, Shopping
Landscape Features
Level
Sewer
Municipal Sewage System
Size Irregular
0.17
Size Total
0.17 Ac|under 1 Acre
Size Total Text
0.17 Ac|under 1 Acre
Zoning Type
Unknown
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March 27 2024 06:16:09
Okanagan-Mainline Real Estate Board
RE/MAX Realty Solutions
