$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