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  • 1441 Richter Street, in Kelowna: Multi-family for sale : MLS®# 10146353

    Main Photo: 1441 Richter Street, in Kelowna: Multi-family for sale : MLS®# 10146353

    1441 Richter Street, Kelowna V1Y2M1

    $1,399,900
    Multi-family
    Status:
    Active
    MLS® Num:
    10146353
    This historic building known as the C. Martin House has been converted to operate as a 9-room boarding house. Sitting on a double lot, this building has approximately a 4.4% CAP rate on asking (currently rented for substantially below market rents), but it should be able to achieve at least a 6% CAP rate, at market rents. All 9 of the rooms in the building have their own full bathroom. 8 of the 9 rooms have their own countertop with sink and fridge, and the 9th room is substantially larger and has a full kitchen. The basement contains coin-operated laundry and storage lockers for each room. The large garage is also rented out as storage to a local business. Many of the residents have happily lived here for several years. The city has said that they are open to the idea of allowing nightly rentals in the building, so summer vacation rentals along with furnished monthly rentals in winter would likely be possible, if desired to further increase revenue (buyer to investigate). For more informationor to arrange your own private viewingplease call, text, or email Kattlin Stass of Century 21 Assurance Realty Ltd at 250.515.2649 or kattlin.stass@century21.ca (id:2493) More details
    Century 21 Assurance Realty Ltd
    LISTING DETAILS

  • 3404 35th Avenue, in Vernon: Multi-family for sale : MLS®# 10124860

    Main Photo: 3404 35th Avenue, in Vernon: Multi-family for sale : MLS®# 10124860

    3404 35th Avenue, Vernon V1T2T6

    $455,900
    Multi-family
    Status:
    Active
    MLS® Num:
    10124860
    Great Investment opportunity, own this property operating as a six unit complex, each unit contains a bath, kitchen and living area, the complex also has a shared laundry and storage area for residents use. This complex is an older 1.5 storey single family dwelling that had been converted to a 2 family dwelling and then 4 additional suites were completed at a later date the units are considered nonconforming. 4 of the 6 units have been recently renovated and painted. Complex is completely rented. The spacious 2 bedroom suite is being renovated now and will be a great rental when finished. (id:2493) More details
    Coldwell Banker Horizon Realty
    LISTING DETAILS
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Listing information last updated on May 26, 2018 at 03:54 AM (UTC)
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