104 George Street, Enderby
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)
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®
Bedrooms
3
Bathrooms
2
Living Area
1519 square feet
Architectural Style
Ranch
Basement
Crawl space, Cellar
Flooring
Fireplace Features
Appliances
Lot Size
0.92 acres
Frontage
200.0 feet
View
Mountain view, Valley view, View (panoramic)
Lot Features
Exterior Features
Community Features
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
Office
Real Broker B.C. Ltd
Loan Amount:
$596,000
Estimated Monthly Payment:
$2,904
This is an estimate for informational purposes only. Consult with a financial advisor.
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