OPPORTUNITY FOR DEVELOPERS to purchase 2 lot land assembly, a total of 0.44 acres a multifamily development site zoned under UC. This corner lot land assembly is located in Rutland Central, close to Hwy 97. Currently, The 2 homes are tenant occupied and generating current rent of $9,340! This 6 storey multifamily building will provide 56 homes comprising a 2.10 FAR on 45,933 Sqft. Bonus FAR available up to 2.50 FAR. Distance to UBC Okanagan is around 7 min and 8 min to Kelowna Airport. LAND ASSEMBLY: 2 LOTS: 545 Froelich Rd (10303615) and 425 Leathead Rd. (id:20737)
MLS® Number | 10303540 |
Property Type | Multi-family |
Neigbourhood | Rutland South |
ConstructedDate | 1937 |
HeatingType | No Heat |
StoriesTotal | 1 |
Type | Multi-family |
UtilityWater | Municipal Water |
Surfaced |
Acreage | No |
Sewer | Municipal Sewage System |
SizeIrregular | 0.22 |
SizeTotal | 0.22 Ac|under 1 Acre |
SizeTotalText | 0.22 Ac|under 1 Acre |
ZoningType | Residential |
https://www.realtor.ca/real-estate/26470905/425-leathead-road-rutland-rutland-south
(833) 817-6506
(833) 817-6506
www.exprealty.com/
Contact us for more information