$2,290,000
This cash flow rental property boasts an enviable location just steps away from the beach & Kelowna General Hospital. Featuring an impressive layout of 12 bedrooms & 14 bathrooms spread over 6,350 sq ft of living space, this property offers endless investment possibilities. Situated on a large .2-acre lot, this property is currently zoned MF1B with C-NHD future zoning, opening doors to lucrative development opportunities and ensuring value appreciation over time. Fully rented and Fully property managed, there are shared kitchen, laundry room, lobby, dining room, entertainment space, outdoor BBQ, manager's suite (with kitchen) etc. This investment guarantees an immediate stream of income, fueling your financial aspirations from day one. And let's not forget about the unbeatable location – nestled within Pandosy Village, you'll be surrounded by commercial retails, restaurants, parks, and the tranquil beach just a block away. This investment isn't just about immediate returns; it's about securing your future in one of Kelowna's most sought-after areas. With potential for various business opportunities such as boarding or lodging houses, group homes, childcare, home-based businesses, care homes, senior centers, and more, the possibilities are endless. Don't miss out on this rare opportunity to invest in both cash flow and future development potential in Kelowna's premier neighborhood (id:50889)
Property Details
MLS® Number
10310314
Neigbourhood
Kelowna South
AmenitiesNearBy
Park, Recreation, Schools, Shopping
Features
Level Lot, Private Setting, Central Island, One Balcony
ParkingSpaceTotal
10
WaterFrontType
Other
Building
BathroomTotal
14
BedroomsTotal
12
Appliances
Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
BasementType
Crawl Space
ConstructedDate
1996
ConstructionStyleAttachment
Detached
CoolingType
Central Air Conditioning
ExteriorFinish
Stucco
HalfBathTotal
9
HeatingType
Forced Air
RoofMaterial
Asphalt Shingle
RoofStyle
Unknown
StoriesTotal
2
SizeInterior
6350 Sqft
Type
House
UtilityWater
Municipal Water
Land
AccessType
Easy Access
Acreage
No
FenceType
Fence
LandAmenities
Park, Recreation, Schools, Shopping
LandscapeFeatures
Level
Sewer
Municipal Sewage System
SizeFrontage
85 Ft
SizeIrregular
0.2
SizeTotal
0.2 Ac|under 1 Acre
SizeTotalText
0.2 Ac|under 1 Acre
ZoningType
Unknown