Posted in: Penticton Real Estate
I have listed a new property at 585 WADE AVE W in Penticton.
Townhome-style fourplex investment opportunity on a quarter-acre. Close to many amenities. Stable tenants. Potential for expansion. Four-units of 1050 sq. ft. each. Each has 5 appliances, in-unit laundry, 2 large bedrooms, 2 bathrooms. Upgrades include windows, hot water tanks, fencing, exterior painting. One of the units has upgraded kitchen & bathroom cabinets, flooring, expanded second bathroom & gas fireplace. All four units have their own 930+ sq. ft. fenced yard/garden patio area including shed. Site is zoned RM2. Bonus value: spacious parking area off laneway has potential to add a second fourplex, according to city staff. Rev. at over $4000 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. 4200 sq. ft. is for whole building; room measurements are per unit.DUPLICATE LISTING# 170201 - COMMERCIAL (id:2493)