INVESTOR ALERT! Rental Property: Two properties have been amalgamated into one title. Includes detached house on Christleton with two rentable units (main and basement) with passive rental income of $4,000/mo. plus another $6,000/mo. from the Kelowna International Hostel on Pandosy. An owner-operator can capitalize on summer income for the hostel ranging from $25 to $35 K. Superb location just 1 block to the Kelowna Hospital, 2 blocks to lake with shops and restaurants nearby. Development Opportunity: Current owner is well into a Development Permit process for a 6-storey building (commercial ground floor and 5 storeys of residential). Permitted density will be 2.5 FAR. The holding period can be profitable, based on the rental incomes mentioned above. (id:4069)
Address |
2343 Pandosy Street |
List Price |
$3,095,000 |
Property Type |
Single Family |
Type of Dwelling |
House |
Area |
British Columbia |
Sub-Area |
Kelowna |
Bedrooms |
5 |
Bathrooms |
2 |
Floor Area |
2,000 Sq. Ft. |
Lot Size |
0.27 Sq. Ft. |
Year Built |
1950 |
MLS® Number |
10308735 |
Listing Brokerage |
Royal LePage Kelowna
|
Postal Code |
V1Y1T2 |