1287-1289 Lawrence Avenue new Save Request In-Person Tour Request Virtual Tour
Kelowna,BC V1Y6M5
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,018 sqft
Price per Sqft $479
Subdivision Glenmore
MLS Listing ID 10350722
Style Split level entry
Bedrooms 8
Year Built 1960
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
This rare 4-plex has all the things going for it that investors want such as a location that tenants love, loads of parking for their vehicles and toys and affordable rates. This proven revenue maker is well kept with many recent upgrades and improvements. As a result, tenants love it. They walk to eveything they need. Each unit has two bedrooms and one bathroom for a total of 8 bedrooms and 4 bathrooms, their own laundry ( 8 machines total) and their own heat. Each side is separately metered. $5,980 monthly revenue with one side paying half utilities and the other having it included in their rent. There is potential for rent upsizing over time so this could be an excellent holding property while rents rise. There is room for an additional 4-plex on the property or maybe even more density with more height. This combination of land and building in a great location is hard to beat. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 3.0
Extra Room 1 Lower level 5'8'' x 12'6'' Laundry room
Extra Room 2 Lower level 12'7'' x 9'11'' 3pc Bathroom
Extra Room 3 Lower level 12'7'' x 9'11'' 3pc Bathroom
Extra Room 4 Lower level 14'1'' x 10'1'' Bedroom
Extra Room 5 Lower level 14'1'' x 10'1'' Bedroom
Extra Room 6 Lower level 12'9'' x 8'5'' Bedroom
Interior
Heating Baseboard heaters,
Cooling Window air conditioner
Exterior
Parking Features No
Fence Fence
Community Features Family Oriented,Pets Allowed
View Y/N No
Roof Type Unknown
Total Parking Spaces 7
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Municipal sewage system
Architectural Style Split level entry
Others
Ownership Freehold