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Home BC Greater Penticton Penticton
120/124 Calgary Avenue
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120/124 Calgary Avenue $2,700,000
$2,700,000
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120/124 Calgary Avenue
Penticton, British Columbia V2A2T7

MLS® Number: 10303096

Listing Description

Investment chance in Penticton with 8 units! Comprising of two 2018-built four-plexes, each includes two duplexes with legal suites. Each four-plex offers two units of 2-bed/2-bath and two of 1-bed/1-bath, all with in-suite laundry and individual metering. Built with modern designs, custom cabinetry, and energy-efficient heat pumps. Centrally located near Safeway, Starbucks, Shoppers Drug Mart, and BC Liquor Stores, including designated parking. Penticton's low vacancy rates promise a strong CAP rate. Ideal for solo investors, partnerships, or residing in one unit while renting the others. Potential to generate gross monthly rents exceeding $14,000.00. (36752041)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Storeys
2
Neighbourhood Name
Main North
Title
Freehold
Land Size
0.21 ac|under 1 acre
Built in
2018
Annual Property Taxes
$12,668.28
Parking Type
Surfaced
Time on REALTOR.ca
162 days

Price and Sale History

Date Status Price
Jul 30, 2021 Sale Closed $2,350,000

Building

Bathrooms
Partial
0
Building Features
Features
Level lot
Present Use
Community Multi-Tenant
Fire Protection
Smoke Detector Only
Heating & Cooling
Cooling
See Remarks
Heating Type
(Electric), Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Asphalt shingle), Unknown (Other)
Neighbourhood Features
Community Features
Pets Allowed, Rentals Allowed
Amenities Nearby
Airport, Recreation, Schools, Shopping
Parking
Parking Type
Surfaced

Land

Lot Features
Landscape Features
Landscaped, Level
Other Property Information
Access
Easy access
Zoning Type
Multi-Family
Waterfront Features
Waterfront
Other
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

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