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Team Bloomfield
Team Bloomfield
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Offered by:
Royal LePage Locations West Realty

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585 Wade Ave. W.
Penticton, BC V2A 5C5
MLS# 170202 ID: 49316828
8 BR • 8 BA • 4200 sq.ft.
$960,000
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Property Description
Investment Four Plex in Penticton Well-cared for 1981 fourplex near Events Centre, Rec Centre, elementary school. Stable, reliable tenants in large 1050 sq. ft. 2-bedroom units. Potential for expansion. Townhome-style fourplex investment opportunity on a quarter-acre. Close to many amenities. Stable tenants. Potential for expansion. Four-units of 1050 sq. ft. each. Each has 5 appliances, in-unit laundry, 2 large bedrooms, 2 bathrooms. Upgrades include windows, hot water tanks, fencing, exterior painting. One of the units has upgraded kitchen & bathroom cabinets, flooring, expanded second bathroom & gas fireplace. All four units have their own 930+ sq. ft. fenced yard/garden patio area including shed. Site is zoned RM2. Bonus value: spacious parking area off laneway has potential to add a second fourplex, according to city staff. Rev. at over $4000 per month, currently below market rate. Great location: steps to Events Centre, Rec Centre & elementary school. Three blocks to beach & downtown. For complete package call listing agent. Do not disturb tenants, appointments a must. 4200 sq. ft. is for whole building; room measurements are per unit.DUPLICATE LISTING# 170201 - COMMERCIAL
Property Features
Status
Last Updated June 29, 2018
Market Status Available
Description
Property Type Multi Family
Year Built 1981
Bedrooms 8
Bathrooms 4 full / 4 half
Approx. Lot Size .25 Acres
Sq. Feet 4200
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