Duplex for sale in Penticton, British Columbia. Listed at $1,399,999.
4 bedrooms · 2 bathrooms · 700 sq ft · Built in 1969
MLS® 30259660
INCOME AND DEVELOPMENT OPPORTUNITY Full duplex situated on a generous 8200sqft corner lot in Penticton, featuring two separate 2-bedroon, 1-bathroom units, both currently tenanted. The property has been partially updated and offers lots of open off-street parking with a large yard. This is an excellent opportunity for investors looking to generate rental income while holding a substantial development parcel. The property is currently zoned for potential 4-unit redevelopment, creating an exciting opportunity to explore future development while benefiting from the existing rental income. This is a great option for those looking to hold, generate income and develop in the future. Properties offering this combination of an existing full duplex, large corner lot and redevelopment potential don't come along often! (Purchaser to verify zoning, permitted uses, development potential, servicing requirements and all other details regarding future development potential and opportunities directly with City of Penticton.) (id:27495)
Listing courtesy of Canada Flex Realty Group Ltd. · Gary Jenkins
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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