MLS: 10381211
850 Hollywood Road N
3581 sqft
9 Bedrooms
5 Bathrooms
$1,249,000
Rare 7.6% CAP Rate – Turn-Key Multi-Unit Powerhouse! Stop searching for the ""perfect"" investment—it just arrived. This massive multi-generational estate offers a rare combination of high-yield cash flow and premium 2023 renovations. Currently generating a staggering $9,200/month in rental income from students and professionals, this property is a great cash flow investment. The Layout: Main Residence: Spacious 9 Bedrooms / 5 Bathrooms, 4 kitchen home. Dual Suites: Two fully self-contained 2-Bedroom suites. Bonus Potential: A dedicated bachelor suite (plumbed/ready for easy bathroom install). The $250,000 Edge: Forget the typical ""run-down"" rental. This home was extensively updated in 2023. We’re talking a brand-new roof, modern bathrooms, fresh upstairs flooring, and professional landscaping. Prime Location: Situated in a quiet, safe Rutland North pocket right behind Pearson Elementary. It’s perfectly positioned on a major bus route to UBCO, ensuring your vacancy rate stays near zero. Whether you’re looking for a blue-chip addition to your portfolio or a multi-generational family home that pays for itself, this is it. PS: Windows and Furnace are original but in good working order. Measurements are from iGuide, if important, please re-measure. FURNITURE NEGOTIABLE (id:6770)
Investment Opportunities 3+ bedrooms 4+ bedrooms 5+ bedrooms Single Family Home < 1 Acre New
Listed by Sam Belete
Royal LePage Kelowna
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Overview
- Price $1,249,000
- MLS # 10381211
- Age 1990
- Stories 2
- Size 3581 sqft
- Bedrooms 9
- Bathrooms 5
- Exterior Vinyl siding
- Cooling Central Air Conditioning
- Water Irrigation District
- Sewer Municipal sewage system
- Flooring Carpeted, Laminate, Wood
- Listing Agent Sam Belete
- Listing Office Royal LePage Kelowna
- View City view, Mountain view, Valley view
- Fencing Fence
- Landscape Features Landscaped, Level
