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520 - 528 Hollywood Road, S Kelowna, British Columbia V1X 3T3

Baseboard Heaters

$1,899,900

Packed with Potential - 5 unit Multi family building. Owners have maintained the building very well. Roof and windows only 4 years old. C1 Zoning allows for a mix of residential and commercial uses. Torch on roof done in 2018. Windows replaced 2018. Four of the five suites have been upgraded over the last 10 years. The total gross rents are $70,740 per annum, rents are below current market values. Great tenants. The potential for both increased income and/or redevelopment are strong. The Seller and Listing agent are available to walk the property. The Seller requests that viewing of the suites will be upon an accepted offer so as not to disturb the tenants. Some additional photos of the suites are available to be emailed. The suites are: 1) One bedroom - 570 sq.ft. 2) Two bedroom - 780 sq.ft. 3) Two Bedroom - 1,200 sq.ft 4). Three bedroom - 1,200 sq.ft 5) Three bedroom - 1,640 sq.ft. All units have electric baseboard with Wall mounted A/C. Gas to the building for maintenance hot water. (id:20737)

Property Details

MLS® Number 10251494
Property Type Multi-family
Neigbourhood Rutland South
Community Name The Suites

Building

Constructed Date 1976
Heating Type Baseboard Heaters
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
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
Zoning Type Residential/commercial

https://www.realtor.ca/real-estate/24326487/520-528-hollywood-road-s-kelowna-rutland-south


Royal LePage Kelowna
#1 - 1890 Cooper Road
Kelowna, British Columbia V1Y 8B7

(250) 860-1100
(250) 860-0595

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