MLS: 10402298
156 Nanaimo Avenue E
5196 sqft
$1,295,000
Excellent investment opportunity in a central Penticton location. This 7-unit multifamily property offers established rental income with future upside. Five units are currently tenanted, while two vacant units provide a new owner the opportunity to select tenants and establish current market rents. The property consists of two separate titles and is zoned C5 (Urban Centre Commercial), providing additional long-term flexibility. Lane access and frontage along Nanaimo Avenue and Van Horne Street further enhance the property. For buyers looking to expand their investment, the C5-zoned vacant lot at 313 Van Horne Street, directly adjoining the property, is also available separately. An excellent opportunity to acquire an income-producing property with additional future potential in the heart of Penticton. Buyers to verify development possibilities with the City. (id:6770)
Investment Opportunities Multi Family < 1 Acre New
Listed by Chris Marte
eXp Realty
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Overview
- Price $1,295,000
- MLS # 10402298
- Age 1940
- Stories 3
- Size 5196 sqft
- Water Municipal water
- Sewer Municipal sewage system
- Listing Agent Chris Marte
- Listing Office eXp Realty
- Landscape Features Level
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Listings tagged as Multi Family
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Content tagged as Real Estate
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