631 Burns Street, Penticton, British Columbia V2A4X2

Listing courtesy of Century 21 Amos Realty.

$1,428,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,428,000
MLS®
10402133
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
0.14
Lot Size
6,098
Subdivision
Main North

Property Description

An excellent opportunity to acquire a well-located six-unit apartment building in the heart of downtown Penticton. This three-storey, walk-up building features six one-bedroom rental units, offering a desirable mix of location, convenience, and income potential. This mid century building offers the character and practical layout of a classic apartment building, with off-street parking and coin-operated laundry facilities for added tenant convenience. The location is a standout feature, with an exceptionally walkable downtown setting. Residents are just minutes from a wide variety of restaurants, pubs, shopping, schools, public transit, and everyday amenities. The property is also conveniently located near Penticton's vibrant downtown core and the many recreational and lifestyle amenities the city has to offer. With six one-bedroom units in a highly desirable rental location, this property presents an attractive opportunity for investors looking to add a multi-family asset to their portfolio or capitalize on the strong demand for centrally located rental housing in Penticton. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Main North
Country
Canada
Sewer
Municipal sewage system
Heating
Baseboard heaters, Electric
Lot Size
6,098

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks