Key Facts
- MLS® #: 10350722
- Property ID: SIRC2517105
- Property Type: Residential, Single Family Detached
- Living Space: 4,018 sq.ft.
- Lot Size: 0.28 ac
- Year Built: 1960
- Bedrooms: 8
- Bathrooms: 4
- Parking Spaces: 7
- Listed By:
- Coldwell Banker Horizon Realty
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.
Rooms
- TypeLevelDimensionsFlooring
- BathroomLower9' 11" x 12' 6.9"Other
- BathroomLower9' 11" x 12' 6.9"Other
- Laundry roomLower12' 6" x 5' 8"Other
- Living roomMain14' 5" x 18' 6"Other
- Living roomMain14' 5" x 18' 6"Other
- Dining roomMain10' 3.9" x 9' 8"Other
- Dining roomMain10' 3.9" x 9' 8"Other
- KitchenMain10' 3.9" x 11' 9.6"Other
- KitchenMain10' 3.9" x 11' 9.6"Other
- Primary bedroomMain11' 3.9" x 14' 11"Other
- Primary bedroomMain11' 3.9" x 14' 11"Other
- BedroomMain9' 9" x 13' 3.9"Other
- BedroomMain9' 9" x 13' 3.9"Other
- BathroomMain4' 9.9" x 9' 11"Other
- BathroomMain4' 9.9" x 9' 11"Other
- Laundry roomMain5' 9.6" x 5' 6"Other
- Laundry roomMain5' 9.6" x 5' 6"Other
- BedroomLower8' 5" x 12' 9"Other
- BedroomLower10' 9.6" x 14' 9.6"Other
- BedroomLower10' 9.6" x 14' 9.6"Other
- Living roomLower13' x 18' 3.9"Other
- KitchenLower9' 11" x 12' 6.9"Other
- Living roomLower13' x 18' 3.9"Other
- BedroomLower8' 5" x 12' 9"Other
- KitchenLower9' 11" x 12' 6.9"Other
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Location
1287-1289 Lawrence Avenue, Kelowna, British Columbia, V1Y 6M5 Canada
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- Property Taxes 0
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