4320 sqft Single Family Fourplex
585 WADE AVE W, Penticton

$999,000

Townhome-style fourplex investment opportunity on a quarter-acre. Great location, close to many amenities. Stable tenants. Potential for expansion. Four-units of 1080 sq.ft. each. Each has 5 appliances, in-unit laundry, 2 large bedrooms, 2 bathrooms. Upgrades include windows, hot water tanks, fencing, exterior painting. These are highly sough after rental units. All four units have tgheir own 930+ sq.ft. fenced yard/garden patio area. Site is zoned RM2. Bonus value: spacious parking area off laneway may have potential to add additional units, according to city staff. Rev. at $4590 per month, currently below market rate. Great location: steps to Events Centre, Rec Centre & elementary school. Three blocks to beach & downtown. For complete package call listing agent. Do not disturb tenants, appointments a must. 4230 sq.ft. is for whole building; room measurements are per unit. Check multimedia link for floorplans and I-guide. Duplicate listing - Commercial - 174396

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  • Price $999,000
  • Age 1981
  • Stories 2
  • Size 4320 sqft
  • Bedrooms 2
  • Bathrooms 2
  • Open Spaces
  • Exterior Wood siding
  • Appliances Refrigerator, Dishwasher, Washer, Dryer, Stove
  • Water Municipal water
  • Sewer Municipal sewage system
  • Listing Office ROYAL LEPAGE LOCATIONS WEST
  • Above

  • 4pc Bathroom
  • Laundry room5 ft x 3 ft
  • Bedroom11 ft ,9 in x 9 ft ,8 in
  • Bedroom11 ft ,3 in x 12 ft ,8 in
  • Main level

  • 2pc Bathroom
  • Dining room10 ft ,1 in x 8 ft ,5 in
  • Kitchen11 ft ,10 in x 7 ft ,8 in
  • Living room15 ft ,2 in x 12 ft ,11 in