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104 George Street, Enderby

MLS® #10384526
About this Property

Exceptional Investment Opportunity in the up and coming city of Enderby. Secure a solid, income-producing property with immediate cash flow and strong future upside. Currently generating approximately 3.5% ROI, this well-maintained holding property offers both stability today and significant development potential for tomorrow. Situated on 0.92 acres (40,000 sq ft) with 200 feet of prime Highway 97A frontage, the property consists of two legal PIDs and is presently zoned Country Residential. The City of Enderby has expressed interest in future C2 zoning (buyer to confirm), opening the door to a wide range of commercial and mixed-use development possibilities. The property currently has long-term tenants who would like to stay, providing dependable, low-maintenance income from day one and making this a truly turnkey investment. In addition to its strong income potential, the property offers scenic views of the iconic Enderby Cliffs, mature park-like landscaping with established fruit trees, and a circular driveway for convenient access. It also features a double detached carport with an attached workshop, a comfortable main residence with a large covered porch, and a fully serviced 440 sq ft studio that is ideal for additional rental income or flexible use. Listing photos are digitally staged, buyer should view to confirm. This is a rare opportunity to secure a high-exposure property with solid holding income and long-term development potential in a growing community. (id:62865)

Property Information

Status

Active

Year Built

1910

Property Type

House

Ownership

Freehold

Parking Spaces

0

Annual Tax

$3,258

Parcel Number

011-902-299

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

3

Bathrooms

2

Living Area

1519 square feet

Architectural Style

Ranch

Basement

Crawl space, Cellar

Flooring

LaminateCarpetedVinyl

Fireplace Features

Insert

Appliances

WasherRefrigeratorRange - ElectricDryer
Exterior & Lot

Lot Size

0.92 acres

Frontage

200.0 feet

View

Mountain view, Valley view, View (panoramic)

Lot Features

Private settingTreed

Exterior Features

Wood siding

Community Features

Family OrientedHigh Traffic Area
Building & Utilities

Foundation

Block

Roof

Asphalt shingle,Unknown

Heating

Baseboard heaters, Electric, See remarks, Other

Cooling

Wall unit, See Remarks

Water Source

Municipal water

Sewer

Municipal sewage system

$745,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
3Beds
2Baths
1519sqft
Listing Courtesy of

Office

Real Broker B.C. Ltd

Mortgage Calculator
$149,000

Loan Amount:

$596,000

Estimated Monthly Payment:

$2,904

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