3,002 ft²Multifamily$1,349,000Sale
3,002 ft²
Multifamily
$1,349,000
Sale
Investment opportunity in central PENTICTON! This 2018-built FOUR-PLEX, comprising two full duplexes with legal suites, offers two 2-bed/2-bath units and two 1-bed/1-bath units, each with in-suite laundry and separate metering. Featuring quality construction with modern layouts, custom cabinetry, and energy-efficient heat pump systems, this property is centrally located near Safeway, Starbucks, Shoppers Drug Mart, and BC Liquor Stores, with designated parking. With Penticton's low vacancy rates, expect a solid CAP rate. Whether investing solo, with partners or considering living in one unit while renting out the others, this opportunity is yours to seize. Potential to generate gross monthly rents exceeding $7,000.00.
The Space
Asking Price$1,349,000
Available Space3,002 ft²
Net Operating Income$59065.50
Property UseMulti family
Cap Rate4%
Year Built2018
Parking Spaces4
SourceDirect
The Building
Investment opportunity in central PENTICTON! This 2018-built FOUR-PLEX, comprising two full duplexes with legal suites, offers two 2-bed/2-bath units and two 1-bed/1-bath units, each with in-suite laundry and separate metering. Featuring quality construction with modern layouts, custom cabinetry, and energy-efficient heat pump systems, this property is centrally located near Safeway, Starbucks, Shoppers Drug Mart, and BC Liquor Stores, with designated parking. With Penticton's low vacancy rates, expect a solid CAP rate. Whether investing solo, with partners or considering living in one unit while renting out the others, this opportunity is yours to seize. Potential to generate gross monthly rents exceeding $7,000.00.
Property TypeMultifamily
Floors2
Building Size3,002 ft²
Lot Size4,573 ft²
Cap Rate4%
Year Built2018
Parking Spaces4
Up to $500K for British Columbia businesses
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