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156 Nanaimo Ave E, Penticton, BC

Name: 156 Nanaimo Ave E, For Sale in Penticton - Zoocasa
Brand: eXp Realty
SKU: 10402298
Price: 1295000 CAD

House

For Sale

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000

MLS® 10402298

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 5196 sqft

Garage

Taxes $7,429

Days Active 1

Lot Size 0.18 Acres

Approx. Age 1940

Avg. Price Per Sqft $249

MLS® Number 10402298

Property Address: 156 Nanaimo Ave E, Penticton, BC, V2A1M4

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity in a central Penticton location. This 7-unit multifamily property offers established rental income with significant long-term upside. The suite mix includes one 2-bedroom, five 1-bedroom units and one studio. Five units are currently tenanted with two vacant, providing a purchaser the opportunity to establish new tenancies and rents. Tenants pay their own electricity, while heat is supplied by a central boiler system and included in rent. Additional features include 400-amp electrical service and coin laundry. The property is C5 zoned and consists of two separate titles with lane access. The C5-zoned vacant lot directly behind the building at 313 Van Horne Street is also available separately, creating an interesting opportunity for investors considering the longer-term potential of the site. Buyers to verify development possibilities with the City of Penticton. (id:58753)Show Description

MLS® Number10402298

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1940

Basement

DrivewayStreet

Garage Spaces

HeatRadiant heat, See remarks

A/C

Extras

Map

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