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7208 89TH Street, Osoyoos

MLS® #10378199
About this Property

Rare 4-Plex Opportunity. Live, Rent, or Invest! For the cost of a single 2-bedroom apartment in Vancouver; this is a fantastic opportunity to own a solid, well-maintained 4-apartment multifamily property in a desirable small-town location-entire building offered (A, B, C, D) This property features: &; 2 x 2-bedroom, 1-bathroom units &; 2 x 1-bedroom + den, 1-bathroom units &; Private in-suite laundry in all units &; 4 separate electrical meters – no shared power expenses &; Ample off-street parking at the rear accessed from Swan Cres. &; Matching shed built in 2022 for storage &; Zoning ""R7 Dense Residential"" provides future potential &; Walkable location, desirable for tenants Located just a short walk to the elementary school (50 meters), Main Street-shops, restaurants and services, and only 400 meters to two separate beautiful public beaches. Well-built older construction offers excellent sound insulation between units. Newer roof with updated ventilation installed. Recent updates: hot water tanks, electrical system updates Ideal for: Investors seeking consistent rental income with risk mitigation from 4 units House hackers – live in one unit, rent the rest Local employers or businesses needing reasonable cost staff housing, to attract and retain employees Canada's warmest climate and lake with nearby skiing/snowboarding in the winter. Current monthly revenue for the property is $4250/month. Click brochure link for more details. (id:62865)

Property Information

Status

Active

Year Built

1977

Property Type

Fourplex

Ownership

Freehold

Parking Spaces

1

Annual Tax

$4,072

Parcel Number

002-080-184

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

6

Bathrooms

4

Living Area

2628 square feet

Architectural Style

Multi-level

Basement

Full

Flooring

CarpetedLinoleum
Exterior & Lot

Lot Size

0.17 acres

Exterior Features

Stucco
Building & Utilities

Roof

Asphalt shingle,Unknown

Heating

Baseboard heaters, Electric, Other

Cooling

Window air conditioner

Water Source

Municipal water

Sewer

Municipal sewage system

$825,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
6Beds
4Baths
2628sqft
Mortgage Calculator
$165,000

Loan Amount:

$660,000

Estimated Monthly Payment:

$3,216

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