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861 Martin Avenue

5 Bedroom | 4 Bathroom | 2480 sqft

$1,175,000

House and Carriage house on a large MF1 zoned lot. This is an investor/developer's dream property. It has strong holding power right now as well as great development potential in the future in an ideal location to maximize your investment now and later. The oversized, 55 ft x 135 ft lot with alley access (.17 acres or 7,425 sqft) allows a developer to build bigger than average units in a future 4 plex or 6-plex that can be sold for more when finished. It would also allow for 2 duplexes instead of 1 fourplex to be built, similar to what was done across the street. In the meantime, the main home and carriage house are bringing in good rental income with great tenants until the time is right to start your development project. Like I said, this is an investor/developers dream property to purchase. (id:50889)

Property Details

MLS® Number

10310424

Neigbourhood

Kelowna North

Amenities Near By

Park, Recreation, Schools, Shopping

Community Features

Family Oriented

Features

Level Lot, Private Setting

Parking Space Total

4

View Type

Mountain View

Building

Bathroom Total

4

Bedrooms Total

5

Architectural Style

Split Level Entry

Constructed Date

1960

Construction Style Attachment

Detached

Construction Style Split Level

Other

Cooling Type

Wall Unit

Exterior Finish

Stucco, Wood Siding, Composite Siding

Fire Protection

Smoke Detector Only

Fireplace Present

Yes

Fireplace Type

Decorative,unknown

Flooring Type

Carpeted, Ceramic Tile, Hardwood, Tile, Vinyl

Half Bath Total

1

Heating Fuel

Electric

Heating Type

Baseboard Heaters, Forced Air, See Remarks

Roof Material

Asphalt Shingle

Roof Style

Unknown

Stories Total

3

Size Interior

2480 Sqft

Type

House

Utility Water

Municipal Water

Land

Access Type

Easy Access

Acreage

No

Fence Type

Fence

Land Amenities

Park, Recreation, Schools, Shopping

Landscape Features

Landscaped, Level

Sewer

Municipal Sewage System

Size Frontage

55 Ft

Size Irregular

0.17

Size Total

0.17 Ac|under 1 Acre

Size Total Text

0.17 Ac|under 1 Acre

Zoning Type

Unknown

Rooms

Level Type Dimensions
Second Level Full Bathroom 6'5'' x 7'10''
Second Level Bedroom 12'1'' x 8'11''
Second Level Primary Bedroom 15'4'' x 11'1''
Third Level Living Room 17'9'' x 13'
Third Level Kitchen 17'9'' x 11'5''
Third Level Full Bathroom 12'8'' x 8'10''
Third Level Bedroom 12'8'' x 13'
Fourth Level Full Bathroom 11' x 9'10''
Fourth Level Primary Bedroom 12'8'' x 11'10''
Basement Partial Bathroom 15'4'' x 13'3''
Basement Bedroom 12'11'' x 13'4''
Main Level Kitchen 13'8'' x 9'10''
Main Level Dining Room 8'10'' x 14'10''
Main Level Living Room 18'5'' x 13'4''

Interested?

Contact us for more information

team green group photo 250-492-2266 info@teamgreen.ca

Let me know how I can assist you.

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