This is a rare LEGAL 4-plex. Investors should take note of this one. Two three bedroom two bathroom top floor units and two 2 bed ground floor units. This one is done right - no short cuts here. As a landlord this is as good as it gets. $10,000 monthly income. Taxes and insurance are the only owners expenses. All suites are separate entrance, have their own garage ( the upper suites each get a bonus uncovered parking spot - and there is lots of street parking) each have their own laundry, hot water tanks, heating and cooling. All units have been updated with new flooring, new kitchens including quartz counter tops, new bathrooms, new decks, exterior paint and trim, interior paint on walls and trim, railings, plumbing, wiring and the list goes on. Lower units are baseboard heat and two ductless heat/cool units and the upper units are gas forced air heat with A/C. The tenants are all super clean, happy and wanting to stay. Each unit has a private yard, a single garage space that accesses of the rear alley and of course this is all located close to the beach, schools and shopping. It is a prime rental location that practically manages itself. You should get in to see this one! (id:2493)
Property Type:
Single Family
Common Interest:
Condo/Strata
Property Attached:
Yes
Total Living Area:
4,474 sq. ft.416 m2
Zoning:
Unknown
Association Fee:
0.0
Association Fee Frequency:
Monthly
Taxes:
$8,070.64 /
-
Community:
Kelowna South
Exterior Features:
Stucco
Community Features:
Family Oriented, Pets Allowed
Security Features:
Smoke Detector Only
Structure Type:
Fourplex
Appliances Included:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Data was last updated January 21, 2025 at 08:15 AM (UTC)
Area Statistics
Listings on market:
151
Avg list price:
$484,000
Min list price:
$229,900
Max list price:
$5,999,000
Avg days on market:
97
Min days on market:
0
Max days on market:
587
Avg price per sq.ft.:
$426.06
These statistics are generated based on the current listing's property type
and located in
Kelowna South. Average values are
derived using median calculations.
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