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1175-1179 Raymer Avenue, Kelowna, British Columbia V1Y 4Z7

8 Bedroom 4 Bathroom 4220 sqft
Baseboard Heaters, Forced Air

$1,800,000

Exceptional holding and investment property in one of Kelowna's most desirable locations. This fourplex offers 4 2 bed 1 bath spacious suites. Lower 2 suites are 1000 sqft. Upper suites are 1100 sqft with private decks. All have outdoor living space. There is ample parking for all suites plus an additional 2 car garage which could rented. 2 Parking spots for each suite plus additional parking off Bouvette Street. There is a coin laundry for additional income (appox $100 per month.). This large .22 acre. Current rent breakdown is, 1179B-$1600, 1175B-$1450, 1175A $1050,$4100. 1179A (owner occupied & under renovation potential, rent back @$1500. Total income $5700 pm Garage rents potential $200 p/m ), (B suites are lower level, A suites upper level). Utilities are included for all suites. Expenses-Insurance $3363, outdoor/snow and lawn $1300-1500, taxes $5786, utilities $9,2335.45(Total expenses=$19,884.45) Rents are significantly under market rates. All suites have been very well maintained with some updates. Each suite has a private entrance with ample green space for tenants with large shared grass area plus storage areas available. Heating is combination of gas and electric, newer appliances in 3 suites, including vented hood fans, roof (tar and gravel) 14 years old, new lighting installed throughout, recently building has been painted, newer hot water tanks (2017) gas furnaces 15 years old.Solid rubber subfloor soundproofing. (id:20737)

Property Details

MLS® Number 10241435
Property Type Single Family
Neigbourhood Kelowna South
Parking Space Total 10
Storage Type Storage Shed
Structure Deck, Shed, Workshop

Building

Bathroom Total 4
Bedrooms Total 8
Constructed Date 1973
Exterior Finish Stucco
Flooring Type Carpeted
Foundation Type Concrete
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Roof Material Tar & Gravel
Roof Style Conventional
Stories Total 2
Size Interior 4220 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

Detached Garage 2

Land

Acreage No
Fence Type Fence
Sewer Municipal Sewage System
Size Irregular 0.22
Size Total 0.22 Ac|under 1 Acre
Size Total Text 0.22 Ac|under 1 Acre

Rooms

Level Type Dimensions
Second Level Living Room 13 ft x 18 ft
Second Level Dining Room 10 ft x 10 ft
Second Level Kitchen 13 ft x 11 ft
Second Level Primary Bedroom 13 ft x 13 ft
Second Level Bedroom 11 ft x 11 ft
Second Level Primary Bedroom 13 ft x 13 ft
Second Level Bedroom 11 ft x 11 ft
Second Level Living Room 13 ft x 18 ft
Second Level Kitchen 13 ft x 11 ft
Second Level Kitchen 10 ft x 10 ft
Main Level Primary Bedroom 13 ft x 13 ft
Main Level Bedroom 11 ft x 11 ft
Main Level Primary Bedroom 13 ft x 13 ft
Main Level Bedroom 13 ft x 13 ft
Main Level Full Bathroom 6 ft x 8 ft
Main Level Full Bathroom 6 ft x 8 ft
Main Level Full Bathroom 6 ft x 8 ft
Main Level Full Bathroom 6 ft x 8 ft
Main Level Living Room 13 ft x 18 ft
Main Level Living Room 13 ft x 18 ft
Main Level Kitchen 10 ft x 10 ft

https://www.realtor.ca/real-estate/23719461/1175-1179-raymer-avenue-kelowna-kelowna-south


Macdonald Realty Kelowna
2700 Richter St
Kelowna, British Columbia V1Y 2R5

(250) 860-4300
(250) 860-1600

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