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

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


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)


Lot Size10977 sqft acres
Year Built1981
Property TypeResidential
Ownership TypeFreehold
Finished Area4320 sq. ft.
ExteriorWood siding
BasementCrawl space
WaterMunicipal water
SewerMunicipal sewage system
FireplaceConventional Gas


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