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1030 TIMMINS Street, Penticton

MLS® #10392402
About this Property

MAIN HOUSE (1955) + CARRIAGE HOME (2022) Package. Exceptional investment opportunity in one of Penticton's most convenient locations! Situated on a flat 0.19-acre (approximately 8,200 sq. ft.) lot with valuable lane access, this income-producing property generates approximately $6,000 per month in rental revenue. The property includes a beautifully built 2022 carriage home, protected by its new home warranty, and a well-maintained 3-bedroom, 1-bath Main home with updated vinyl siding, gutters, and a spacious 4-foot crawl space for added storage. Separate electrical and gas meters, a new privacy fence between the homes, and low-maintenance xeriscaping make this an ideal investment. The carriage home also features a ductless heating and cooling system and on-demand hot water. Whether you're looking to expand your investment portfolio, secure a holding property with future development potential, or live in one home while generating rental income from the other, this property offers exceptional flexibility. Just a short walk to downtown Penticton, you'll enjoy easy access to restaurants, breweries, shopping, parks, and the waterfront. Okanagan College and Kings Park are both nearby, making this an attractive option for students, families, and investors alike. A rare opportunity to secure a versatile, income-producing property in a highly desirable location. (id:62865)

Property Information

Status

Active

Year Built

1955

Property Type

House

Ownership

Freehold

Parking Spaces

6

Annual Tax

$5,225

Parcel Number

009-876-341

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

5

Bathrooms

3

Living Area

2212 square feet

Architectural Style

Bungalow, Other

Basement

Crawl space

Appliances

WasherRefrigeratorRangeDryer
Exterior & Lot

Lot Size

0.19 acres

View

Mountain view

Lot Features

Level lot

Exterior Features

Wood siding
Building & Utilities

Roof

Asphalt shingle,Unknown

Heating

Forced air, See remarks

Cooling

Central air conditioning, Wall unit

Water Source

Municipal water

Sewer

Municipal sewage system

$1,199,900

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
5Beds
3Baths
2212sqft
Listing Courtesy of

Office

RE/MAX Realty Solutions

Mortgage Calculator
$239,980

Loan Amount:

$959,920

Estimated Monthly Payment:

$4,678

This is an estimate for informational purposes only. Consult with a financial advisor.