924 FAIRVIEW Road Active Save Request In-Person Tour Request Virtual Tour
Penticton,BC V2A5Y8
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,125 sqft
Price per Sqft $853
Subdivision Main North
MLS Listing ID 10333575
Bedrooms 2
Originating Board Association of Interior REALTORS®
Year Built 1954
Lot Size 0.280 Acres
Acres 12196.8
Property Sub-Type Freehold
Property Description
Attention Investors and Developers check out this an incredible opportunity for you. Development permit approved for 7 - unit townhouse complex. Situated on a spacious 60 by 200 feet flat lot, this property stands out among other multi-family developments in the area. The approved plans include a combination of 1 fourplex and 1 triplex, offering a total of 7 units. Each unit spans approximately 1300 square feet and features a single-car garage. The location of this development is highly advantageous, with close proximity to downtown amenities, such as the Penticton library, high school, SOEC, and Casino. Additionally, there is a currently occupied 2-bedroom, 1-bathroom home on the property. This home generates rental income of $2000 per month, providing a steady cash flow while you await the building permits. For more detailed information, please contact the listing realtor. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Extra Room 1 Main level 10' x 5' Laundry room
Extra Room 2 Main level 16' x 16' Kitchen
Extra Room 3 Main level Measurements not available Full bathroom
Extra Room 4 Main level 12' x 10' Bedroom
Extra Room 5 Main level 9' x 9' Dining room
Extra Room 6 Main level 14' x 12' Living room
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold