585 WADE AVE W Penticton, British Columbia Penticton MLS# 174395

$ 999,000
  • 2 Bed
  • 2 Bath
  • 4320 sqft

Description

Townhome-style fourplex investment opportunity on a quarter-acre. Great location, close to many amenities. Stable tenants. Potential for expansion. Four-units of 1080 sq.ft. each. Each has 5 appliances, in-unit laundry, 2 large bedrooms, 2 bathrooms. Upgrades include windows, hot water tanks, fencing, exterior painting. These are highly sough after rental units. All four units have tgheir own 930+ sq.ft. fenced yard/garden patio area. Site is zoned RM2. Bonus value: spacious parking area off laneway may have potential to add additional units, according to city staff. Rev. at $4590 per month, currently below market rate. Great location: steps to Events Centre, Rec Centre & elementary school. Three blocks to beach & downtown. For complete package call listing agent. Do not disturb tenants, appointments a must. 4230 sq.ft. is for whole building; room measurements are per unit. Check multimedia link for floorplans and I-guide. Duplicate listing – Commercial – 174396 (id:22688)

Overview

Lot Size10977 sqft acres
Year Built1981
NeighbourhoodPenticton
Property TypeResidential
Ownership TypeFreehold
Style2
Finished Area4320 sq. ft.
ExteriorWood siding
BasementCrawl space
WaterMunicipal water
SewerMunicipal sewage system
HeatingElectric
FireplaceConventional Gas
Listing Office:ROYAL LEPAGE LOCATIONS WEST

Location

No map available

The information contained herein is assumed to be correct but is not guaranteed by the Listing Agent or Publisher and should be verified.