723 Government Street

723 Government Street Penticton

$2,195,000
City:
Penticton
Prop. Type:
Multi-family
MLS® Num:
N/A
Status:
N/A
Bedrooms:
0
Bathrooms:
0
Year Built:
1996
Exceptional opportunity to invest in a meticulously stratified 8-condo apartment building, constructed in 1996 with separate titles for each unit. Featuring a balanced distribution of four condos on both the upper and ground levels, residents can enjoy the luxury of balconies or patios, depending on their unit. Ample parking is provided with one open space allotted per unit. Each condo boasts approximately 506 square feet of space, comprising a bedroom, living room with gas fireplace and hardwood floors, storage units, an open kitchen-living area layout, a four-piece bath, and in-suite laundry facilities. Four of the units have undergone extensive renovations, enhancing their appeal and value. With a potential rental income of $1400 per month per unit, this easily manageable property with low expenses represents a lucrative investment. Ideally located within walking distance of downtown amenities, beaches, and the hospital, this building already houses long-term tenants, offering a secure and promising investment opportunity. The entire building is available for sale, presenting an attractive prospect for discerning investors.
Property Type:
Multi-family
Total Floor Area:
N/A
Home Style:
Storage, Locker
Total Bedrooms:
0
Total Rooms:
N/A
Depth:
N/A
Total Baths:
0
Year Built:
1996 (Age:28 )
Frontage:
N/A
Construction:
N/A
Roof:
N/A
Parking:
See Remarks
Heating:
Baseboard heaters
Heating fuel:
N/A
Water supply:
Municipal water
Fireplace fuel:
N/A
Fireplace Details:
N/A
Title to Land:
Strata
Sewer:
N/A
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Thumbnail 0
Amit Bindra
  • City 2 City Real Estate Services Inc.
  • 202 9453 120st, Delta, BC V4C6S2
  • 778-564-3008
  • [email protected]