COVID19 PROTOCOLS

$1,099,900
MLS #10223959
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
175 Nickel Road, Kelowna, BC V1X4E5
  • Area 4,000 sqft
  • Bedrooms 10
  • Bathrooms 8

Description

Attention Investors!!!! This is a fantastic rental property with a 4.8% cap rate even though all tenants are paying well below market rents (upwards of 6% cap would be achieved at market rents). Full side-by-side duplex with self-contained 2bed/2bath suites on both sides. Excellent holding property or a great way to turn a quick profit by stratifying and selling both sides separately. This property is generating 4 income streams and netting upwards of $53k/yr. Potential to stratify the property and realize immediate equity appreciation as well. Currently fully rented to long term quality tenants who would love to stay. Property is minutes to all shopping amenities and walking distance to the direct bus route to UBCO and has tons of parking. 3 beds up with 2 baths, and 2 bed with 2 baths down, on each side. This is the low hassle, cash flow holding property you have been waiting for. VIRTUAL TOUR: https://my.matterport.com/show/?m=775pD6ndJSX (id:34291)

Details

  • Building Age: 28 Years
  • Parking: 8
  • Cooling: Central air conditioning
  • Heating: Baseboard heaters,Forced air,,
  • Sewer: Municipal sewage system
  • Provided by : Century 21 Assurance Realty Ltd
I’m interested in this property and: