1287-1289 Lawrence Avenue, Kelowna, British Columbia

$1,650,000

Previous Next

8

Beds

4

Baths

4,018

Square feet

0.28

Acres

About 1287-1289 Lawrence Avenue

This rare 4-plex has all the things going for it that investors want such as a location that tenants love, loads of parking for their vehicles and toys and affordable rates. This proven revenue maker is well kept with many recent upgrades and improvements. As a result, tenants love it. They walk to eveything they need. Each unit has two bedrooms and one bathroom for a total of 8 bedrooms and 4 bathrooms, their own laundry ( 8 machines total) and their own heat. Each side is separately metered. $5,980 monthly revenue with one side paying half utilities and the other having it included in their rent. There is potential for rent upsizing over time so this could be an excellent holding property while rents rise. There is room for an additional 4-plex on the property or maybe even more density with more height. This combination of land and building in a great location is hard to beat. (id:6289)

Single Family home for sale in Kelowna, British Columbia at 1287-1289 Lawrence Avenue. This 8 bedroom Single Family home is priced at $411/sqft

Features of 1287-1289 Lawrence Avenue

Listing # 10350722
Price $1,650,000
Bedrooms 8
Bathrooms 4.00
Square Footage 4,018
Acres 0.28
Year Built 1960
Type Single Family
Sub-Type Freehold
Style Split level entry

Community Information: N/A

Address 1287-1289 Lawrence Avenue
Subdivision N/A
City Kelowna
Province British Columbia
Postal Code V1Y6M5

Amenities of 1287-1289 Lawrence Avenue

Amenities Public Transit, Recreation, Schools, Shopping
Features Irregular lot size
Parking Spaces 7
Parking Other, Oversize, Rear, Street
Is Waterfront No
Has Pool No

Interior of 1287-1289 Lawrence Avenue

Appliances Refrigerator, Dryer, Range - Electric, Water Heater - Electric, Washer & Dryer
Heating Electric Baseboard heaters
Cooling Window air conditioner
Fireplace No
# of Stories 2
Has Basement No

Exterior of 1287-1289 Lawrence Avenue

Exterior Brick, Stucco
Exterior Features Landscaped
Roof Asphalt shingle

Additional Information On 1287-1289 Lawrence Avenue

Zoning Unknown

Listing Details

OfficeColdwell Banker Horizon Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?