1175-1179 Raymer Avenue, Kelowna, British Columbia V1Y4Z7
Listing courtesy of Judy Lindsay Okanagan.
- $1,749,000
- 8
- BD
- 3
- BA
- 4,220
- SqFt
- List Price
- $1,749,000
- Price Change
- ▲ $270,000 1784164476
- MLS®
- 10394668
- Days on Market
- 12
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family
- Bedrooms
- 8
- Bathrooms
- 3
- Living Area
- 4,220
- Lot Size Dimensions
- 0.22
- Lot Size
- 9,583
- Subdivision
- Kelowna South
Property Description
This well-maintained fourplex features four spacious 2-bedroom, 1-bathroom suites, each with a private entrance and its own outdoor living area surrounded by generous green space. Tenants enjoy on-site storage, designated parking spots, and convenient coin laundry. Situated on a large 0.22-acre MF1-zoned lot with dual access from both Raymer Avenue and Bouvette Street, the property offers excellent functionality and investment appeal. The upper suites, each 1,100 sq. ft., and the lower suites, each 1,000 sq. ft., have been thoughtfully upgraded and well cared for. Current rental income is strong, with 1179A at $1,800/month, 1179B at $2,100/month, 1175A at $1,367/month, and 1175B at $1,820/month, generating a total monthly income of $7,087. With its solid returns, prime location, and appealing layout, this property is an excellent income-producing opportunity in a desirable area. (id:5764)
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Additional Information
- Ownership
- Freehold
- Subdivision
- Kelowna South
- Parking Spaces
- 8
- Country
- Canada
- Flooring
- Carpeted, Vinyl
- Sewer
- Municipal sewage system
- Roof
- Tar & gravel, Unknown
- Community Features
- Family Oriented
- Heating
- Baseboard heaters, Forced air, Electric, See remarks
- Lot Features
- Level lot, Private setting
- Stories
- 2
- Lot Size
- 9,583
