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749 Francis Avenue, Kelowna

Property Description

This is a rare LEGAL 4-plex. Investors should take note of this one. Two three bedroom two bathroom top floor units and two 2 bed ground floor units. This one is done right - no short cuts here. As a landlord this is as good as it gets. $10,000 monthly income. Taxes and insurance are the only owners expenses. All suites are separate entrance, have their own garage ( the upper suites each get a bonus uncovered parking spot - and there is lots of street parking) each have their own laundry, hot water tanks, heating and cooling. All units have been updated with new flooring, new kitchens including quartz counter tops, new bathrooms, new decks, exterior paint and trim, interior paint on walls and trim, railings, plumbing, wiring and the list goes on. Lower units are baseboard heat and two ductless heat/cool units and the upper units are gas forced air heat with A/C. The tenants are all super clean, happy and wanting to stay. Each unit has a private yard, a single garage space that accesses of the rear alley and of course this is all located close to the beach, schools and shopping. It is a prime rental location that practically manages itself. You should get in to see this one! (id:43014)

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Full Address:
749 Francis Avenue, Kelowna, British Columbia
Price:
$ 1,995,000
MLS Number:
10332605
List Date:
January 17th, 2025
Neighbourhood:
Kelowna South
Lot Size:
0.19 ac
Year Built:
1994
Taxes:
$ 8,071

Property Details

Bedrooms:
10
Bathrooms:
6
Appliances:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Flooring:
Carpeted, Ceramic Tile, Vinyl
Air Conditioning:
Central air conditioning, See Remarks
Heating:
Forced air, Electric, See remarks, Other

Interior Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco
Garage:
Detached Garage, See Remarks
Garage Spaces:
6
Ownership Type:
Condo/Strata
Taxes:
$ 8,071

Building Features

Finished Area:
4474 sq.ft.

Floors

Lot Size:
0.19 ac

Land

Amenities Nearby:
Family Oriented, Pets Allowed

Neighbourhood Features

Ratings

Commercial Info

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Agent: Ian WatsonOffice: Coldwell Banker Horizon Realty

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This is a rare LEGAL 4-plex. Investors should take note of this one. Two three bedroom two bathroom top floor units and two 2 bed ground floor units. This one is done right - no short cuts here. As a landlord this is as good as it gets. $10,000 monthly income. Taxes and insurance are […]
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749 Francis Avenue, Kelowna

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Kelowna South

Central location, inviting atmosphere, and a variety of real estate options make Kelowna South one of the most sought-after neighbourhoods in all of Kelowna. Beaches, greenspaces, restaurants, entertainment, schools, you name it and you can find it in this historic Kelowna Neighbourhood, usually within walking distance!

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