924 FAIRVIEW Road Active Save Request In-Person Tour Request Virtual Tour
Penticton,BC V2A5Y8
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,175 sqft
Price per Sqft $680
Subdivision Main North
MLS Listing ID 10361465
Style Ranch
Bedrooms 2
Year Built 1954
Lot Size 0.280 Acres
Property Sub-Type Freehold
Property Description
Attention Investors and Developers check out this an incredible opportunity for you. Development permit approved for 7 - unit townhouse complex. Situated on a spacious 60 by 200 feet flat lot, this property stands out among other multi-family developments in the area. The approved plans include a combination of 1 fourplex and 1 triplex, offering a total of 7 units. Each unit spans approximately 1300 square feet and features a single-car garage. The location of this development is highly advantageous, with close proximity to downtown amenities, such as the Penticton library, high school, SOEC, and Casino. Additionally, there is a currently occupied 2-bedroom, 1-bathroom home on the property. This home generates rental income of $2000 per month, providing a steady cash flow while you await the building permits. For more detailed information, please contact the listing realtor. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 1.0
Interior
Heating Other,See remarks
Cooling See Remarks
Exterior
Parking Features Yes
View Y/N No
Roof Type Unknown
Building
Lot Description Level
Story 1
Sewer Municipal sewage system