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:43014)
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Surrounded by orchards and acreages, Glenmore real estate is beautifully secluded and perfect for families. You’ll find three of Kelowna’s most established communities within this neighbourhood: Wilden, McKinley, and Magic Estates. Own your ideal home, in a lively community located near everything you need. Enjoy contemporary designs that maximize space and smart amenities for modern living. It's a shortcut home from downtown, uptown, UBC Okanagan, schools, shopping, transit, parks and the rest of your world.
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