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1175-1179 Raymer Avenue, Kelowna

MLS® #10367677
About this Property

This well-maintained fourplex features four spacious 2-bedroom, 1-bathroom suites, each with a private entrance and its own outdoor living area surrounded by generous green space. Tenants enjoy on-site storage, designated parking spots, and convenient coin laundry. Situated on a large 0.22-acre MF1-zoned lot with dual access from both Raymer Avenue and Bouvette Street, the property offers excellent functionality and investment appeal. The upper suites, each 1,100 sq. ft., and the lower suites, each 1,000 sq. ft., have been thoughtfully upgraded and well cared for. Current rental income is strong, with 1179A at $1,800/month, 1179B at $2,100/month, 1175A at $1,367/month, and 1175B at $1,820/month, generating a total monthly income of $7,087. With its solid returns, prime location, and appealing layout, this property is an excellent income-producing opportunity in a desirable area. (id:62865)

Property Information

Status

Active

Year Built

1973

Property Type

Fourplex

Ownership

Freehold

Parking Spaces

8

Annual Tax

$6,899

Parcel Number

003-149-358

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

8

Bathrooms

4

Living Area

4220 square feet

Flooring

CarpetedVinyl
Exterior & Lot

Lot Size

0.22 acres

Fencing

Fence

Exterior Features

Stucco
Building & Utilities

Roof

Tar & gravel,Unknown

Heating

Baseboard heaters, Forced air, Electric, See remarks

Water Source

Municipal water

Sewer

Municipal sewage system

$1,749,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
8Beds
4Baths
4220sqft
Listing Courtesy of

Office

CIR Realty

Mortgage Calculator
$349,800

Loan Amount:

$1,399,200

Estimated Monthly Payment:

$6,819

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