This is a rare LEGAL 4-plex. Investors should take note of this one. Two three bedroom two bathroom top floor units and two 2 bed ground floor units. This one is done right - no short cuts here. As a landlord this is as good as it gets. $10,000 monthly income. Taxes and insurance are the only owners expenses. All suites are separate entrance, have their own garage ( the upper suites each get a bonus uncovered parking spot - and there is lots of street parking) each have their own laundry, hot water tanks, heating and cooling. All units have been updated with new flooring, new kitchens including quartz counter tops, new bathrooms, new decks, exterior paint and trim, interior paint on walls and trim, railings, plumbing, wiring and the list goes on. Lower units are baseboard heat and two ductless heat/cool units and the upper units are gas forced air heat with A/C. The tenants are all super clean, happy and wanting to stay. Each unit has a private yard, a single garage space that accesses of the rear alley and of course this is all located close to the beach, schools and shopping. It is a prime rental location that practically manages itself. You should get in to see this one! (id:4069)
Address
749 Francis Avenue
List Price
$1,995,000
Property Type
Single Family
Type of Dwelling
Fourplex
Area
British Columbia
Sub-Area
Kelowna
Bedrooms
10
Bathrooms
6
Floor Area
4,474 Sq. Ft.
Lot Size
0.19 Sq. Ft.
Year Built
1994
MLS® Number
10332605
Listing Brokerage
Coldwell Banker Horizon Realty
Postal Code
V1Y5G6
Site Influences
Airport
Features
Level lot
