Investment Opportunity! Perfect for a first time investor or a seasoned investor looking to expand their portfolio. This well maintained 4plex features 4 - 1 bedroom, 1 bathroom suites with strong rental potential. Each unit includes its own washer and dryer, offering convenience for tenants and added rental appeal. Each unit has its own hot water tank. The 2 upstairs units have their hot water tanks located in the laundry room, while the 2 downstairs units have theirs located in a shared storage room between the units. The property has no furnace, with each unit heated by its own electric baseboard heaters. The kitchens were updated approximately 4 years ago, and the property features all copper plumbing, hot water tanks approximately 3 to 5 years old, and a roof approximately 8 years old. The building also offers 4 covered carport parking spaces, providing excellent value for tenants. The building has a total size of approximately 2714 SQFT (not including carports) with 2 units, approximately 600 SQFT, and 2 units, 750 SQFT. This property is a solid income opportunity with key updates already completed, making it a great addition to any investment portfolio. Showings by appointment only. Minimum 24 to 48 hours notice required. (id:43014)
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This area is all about location, location, location! Close to shopping, medical services and halfway between downtown and Orchard Park Mall, Springfield/Spall has an excellent walk score and there are many public transportation routes in the area. This is a mature neighbourhood with some redevelopment happening in the area now as some parts are becoming higher density. Kelowna’s technology hub is situated here and there is an energetic and vibrant vibe here.
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