Ski in Ski out Exceptional Income-Generating Investment Opportunity Seize the chance to own this completely renovated 4-plex, legally designated as a triplex with an additional suite. This property offers a unique blend of modern upgrades and incredible earning potential. Fully rented with reliable long-term tenants through spring, it currently generates a robust rental income of $6,650 per month, ensuring immediate returns. For added value, furniture is negotiable, with an estimated worth of $30,000, making this an ideal turnkey investment for savvy buyers. Roof is 2 year's old The property is situated on a medium residential R3-zoned lot, unlocking incredible development opportunities. This zoning permits: Single-family and duplex builds: Up to 20 dwellings (subject to municipal approval). Townhome developments: Up to 40 units (subject to municipal approval). Apartment complexes: Potentially up to 100 units (subject to municipal approval). Whether you're seeking a steady income stream or envisioning a larger-scale development project, this property offers the flexibility to fulfill your goals. Don’t miss out on this rare opportunity to own a high-yield asset with substantial growth potential. Contact us today to explore the possibilities and schedule your private viewing! We have a few more photos of the interior we can share with your realtor upon qualification. (id:4069)
Address |
9870 Pinnacles Road |
List Price |
$1,399,900 |
Property Type |
Single Family |
Type of Dwelling |
Fourplex |
Style of Home |
Bungalow |
Area |
British Columbia |
Sub-Area |
Silver Star |
Bedrooms |
6 |
Bathrooms |
6 |
Floor Area |
2,562 Sq. Ft. |
Lot Size |
0.35 Sq. Ft. |
Year Built |
1960 |
MLS® Number |
10328357 |
Listing Brokerage |
eXp Realty (Kelowna)
|
Postal Code |
V1B3M1 |
Site Influences |
View |
Features |
Balcony, Three Balconies |