120/124 Calgary Avenue

$ 2,700,000 | N/A Beds | N/A Baths |
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120/124 Calgary Avenue

MLS #10303096

Property Description

Investment chance in Penticton with 8 units! Comprising of two 2018-built four-plexes, each includes two duplexes with legal suites. Each four-plex offers two units of 2-bed/2-bath and two of 1-bed/1-bath, all with in-suite laundry and individual metering. Built with modern designs, custom cabinetry, and energy-efficient heat pumps. Centrally located near Safeway, Starbucks, Shoppers Drug Mart, and BC Liquor Stores, including designated parking. Penticton's low vacancy rates promise a strong CAP rate. Ideal for solo investors, partnerships, or residing in one unit while renting the others. Potential to generate gross monthly rents exceeding $14,000.00. (id:47466)

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Price:$2,700,000
MLS® Number:10303096
Full Address:120/124 Calgary Avenue, Penticton, British Columbia, V2A2T7
Built In:2018
List Date:January 23rd, 2024
Lot Size:0.21.0000 ac|under 1 acre

Property Specifications

Air Conditioning:See Remarks
Heating Type:Electric

Interior Features

Storeys:2
Ownership Type:Freehold
Utility Sewer:Municipal sewage system
Water Service:Municipal water
Roof:Asphalt shingle, Other
Zoning:Multi-Family
Garage / Parking Type:Surfaced

Building Features

Amenities Nearby:Pets Allowed, Rentals Allowed

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Steve Thompson
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Agent: Jared Gibbons | Office: Royal LePage Northstar Realty (S. Surrey)
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