MULTIFAMILY INVESTMENT OPPORTUNITY Fully rented legal 4plex with 4 titles grossing over $94,000 a year. Two 4 bedroom 2.5 bath units, and two 2 bedroom 1 bath units totalling over 4,700 square feet. Recently renovated in 2015/16. Full detached 4 car garage in the backyard (rented to the 4 bedroom units only), with extra uncovered parking available. This 4 door unit is a 5 minute walk from the beach, in a great location near tennis courts, biking routes, ball diamonds, schools, shopping, transit and so much more. Any amenity you could possibly need, literally only minutes away. Currently self-managed and maintained by the owners. Tenants maintain yard/lawn. Expenses of annual insurance and property taxes are about $13,000, and tenants pay their own utilities. Cap rate positive! 3D Walkthroughs and Property Packages available, call today for more info! (id:3082)

Overview

  • SubdivisionKelowna South
  • Year Built2008
  • RoofingConventional
  • HeatingBaseboard Heaters, Forced Air,
  • CoolingCentral Air Conditioning, Wall Unit
  • Sewer/SepticMunicipal Sewage System

Features

    • Security
    • Floor CoveringsCeramic Tile, Laminate, Slate

    Rooms

    • Bedrooms12
    • Full Baths6
    • 1/2 Baths2