Attention Investors and Developers check out this an incredible opportunity for you. Development permit approved for 7 - unit townhouse complex. Situated on a spacious 60 by 200 feet flat lot, this property stands out among other multi-family developments in the area. The approved plans include a combination of 1 fourplex and 1 triplex, offering a total of 7 units. Each unit spans approximately 1300 square feet and features a single-car garage. The location of this development is highly advantageous, with close proximity to downtown amenities, such as the Penticton library, high school, SOEC, and Casino. Additionally, there is a currently occupied 2-bedroom, 1-bathroom home on the property. This home generates rental income of $2000 per month, providing a steady cash flow while you await the building permits. For more detailed information, please contact the listing realtor. (id:61048)
MLS® Number | 10361465 |
Property Type | Single Family |
Neigbourhood | Main North |
Amenities Near By | Golf Nearby, Recreation, Schools, Shopping |
Features | Level Lot |
Bathroom Total | 1 |
Bedrooms Total | 2 |
Appliances | Range, Refrigerator, Dryer, Washer |
Architectural Style | Ranch |
Basement Type | Partial |
Constructed Date | 1954 |
Construction Style Attachment | Detached |
Cooling Type | See Remarks |
Exterior Finish | Other |
Heating Type | Other, See Remarks |
Roof Material | Asphalt Shingle |
Roof Style | Unknown |
Stories Total | 1 |
Size Interior | 1,175 Ft2 |
Type | House |
Utility Water | Municipal Water |
Carport |
Acreage | No |
Land Amenities | Golf Nearby, Recreation, Schools, Shopping |
Landscape Features | Level |
Sewer | Municipal Sewage System |
Size Frontage | 60 Ft |
Size Irregular | 0.28 |
Size Total | 0.28 Ac|under 1 Acre |
Size Total Text | 0.28 Ac|under 1 Acre |
Zoning Type | Unknown |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Basement | Laundry Room | 10'0'' x 5'0'' | ||
Main Level | Primary Bedroom | 14'0'' x 10'0'' | ||
Main Level | Living Room | 14'0'' x 12'0'' | ||
Main Level | Kitchen | 16'0'' x 16'0'' | ||
Main Level | Dining Room | 9'0'' x 9'0'' | ||
Main Level | Bedroom | 12'0'' x 10'0'' | ||
Main Level | 4pc Bathroom | Measurements not available |
https://www.realtor.ca/real-estate/28809776/924-fairview-road-penticton-main-north
Contact us for more information
Amar Kahlon
Personal Real Estate Corporation
(250) 492-2266
(250) 492-3005
Harleen Lit
(604) 575-5262
(866) 516-5262
(604) 575-2214
www.homelifetitus.com/
Udai Kahlon
(250) 492-2266
(250) 492-3005