$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
AmenitiesNearBy
Schools, Shopping
Features
Level Lot
Building
ConstructedDate
1990
CoolingType
See Remarks, Wall Unit
HeatingFuel
Electric
HeatingType
Other, See Remarks
RoofMaterial
Tar & Gravel
RoofStyle
Unknown
StoriesTotal
2
SizeInterior
3640 Sqft
Type
Multi-family
UtilityWater
Irrigation District
Land
AccessType
Easy Access
Acreage
No
LandAmenities
Schools, Shopping
LandscapeFeatures
Level
Sewer
Municipal Sewage System
SizeIrregular
0.17
SizeTotal
0.17 Ac|under 1 Acre
SizeTotalText
0.17 Ac|under 1 Acre
ZoningType
Unknown