1869 Marshall Street,

Kelowna, British Columbia V1Y2B7

$1,450,000

Calling all investors and Heritage Home enthusiasts, this property is the perfect combination of both. This property has 5 legal suits, very close to Downtown Kelowna, yet far enough for the privacy and security. Currently owner lives in a one bedroom unit and the other four units are rented for $4,500 PM. With owners unit rented at market price, a CAP of 5.31% is achieved. If all units are rented and are rented at market price (not the current lower rates), an income of $6,900 PM/ 5.7% CAP is Possible. There are 3 x 1 bedroom units and 2 bachelors (Studio) units. Attic space can be used as more liveable space. Has an old approval from Heritage Association and City of Kelowna to put up a 1 bedroom carriage home with 3 garages. Heritage Site is recorded on in title. Don't miss this rare opportunity, call your Agent today. Kindly allow 24 hours notice for viewing and see iGuide post. Higher definition pictures are also displayed. Kindly view room measurements in supplement. Kindly allow 24 Hours of notice for tenants for viewing. (id:3942)
ID# 10256695
Courtesy of Realty Executives Ultra

Listed on: June 22, 2022

On market: 12 days
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5 Bedroom 5 Bathroom

Wall unit

Bathroom Total 5
Bedrooms Total 5
Half Bathrooms Total 0
Year Built 1908
Cooling Type Wall unit
Flooring Type Ceramic Tile, Laminate, Carpeted
Heating Fuel Natural gas
Stories Total 2
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Full bathroomSecond level3 ft ,1 in x 8 ft ,6 in
Full bathroomSecond level3 ft ,2 in x 8 ft ,10 in
Full bathroomSecond level5 ft ,5 in x 7 ft ,3 in
BedroomSecond level7 ft ,2 in x 9 ft ,2 in
BedroomSecond level9 ft ,5 in x 1 ft ,7 in
BedroomSecond level13 ft ,2 in x 1 ft ,8 in
BedroomSecond level11 ft ,9 in x 1 ft ,9 in
KitchenSecond level7 ft ,10 in x 6 ft ,8 in
KitchenSecond level2 ft ,6 in x 8 ft ,9 in
KitchenSecond level13 ft ,2 in x 12 ft ,6 in
Living roomMain level9 ft x 9 ft
KitchenMain level10 ft ,11 in x 8 ft ,2 in
Primary BedroomMain level13 ft ,2 in x 12 ft
Full bathroomMain level11 ft ,9 in x 11 ft
Full bathroomMain level5 ft ,9 in x 6 ft ,2 in
KitchenMain level13 ft ,7 in x 6 ft ,4 in