1030 Timmins Street Penticton, British Columbia V2A 5V2

$1,199,900

Exceptional investment opportunity in one of Penticton's most convenient locations! Situated on a flat 0.19-acre (approximately 8,200 sq. ft.) lot with valuable lane access, this income-producing property generates approximately $6,000 per month in rental revenue. The property includes a beautifully built 2022 carriage home, still protected by its new home warranty, offering peace of mind for years to come. Whether you're looking to expand your investment portfolio, secure a holding property with future potential, or offset your mortgage by living on-site while collecting rental income, this property offers outstanding flexibility. Its generous lot size and prime location make it an attractive long-term asset in a growing neighbourhood. Just a short walk to downtown Penticton, you'll enjoy easy access to restaurants, cafés, breweries, shopping, parks, and the city's vibrant waterfront amenities. Okanagan College is nearby, making this an appealing option for students and faculty, while families will appreciate the proximity to schools, playgrounds, and recreation at Kings Park. Transit routes and major commuter roads are also close by, adding to the property's everyday convenience. This is a rare opportunity to secure a versatile property in a highly desirable Penticton location with immediate income and excellent long-term potential. (id:61048)

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https://www.realtor.ca/real-estate/29988185/1030-timmins-street-penticton-main-north