Dallas Markovina Personal Real Estate Corporation - 250-870-6145
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Other in Penticton
- 207
- 112
0 Bedrooms
0 Bathrooms- - Sq Ft
Property Type
Other
Description
This exceptional investment opportunity features a 16-unit apartment building, with a new roof at 173 Wade Ave W, alongside the adjacent property at 157 Wade Ave, which is also listed at $825,000. Combined both properties for $2,775,000. Both properties are sold together, offering operational efficiency and scale for investors, and the apartment building generates stable rental income, cap rate 5.7%. This side-by-side offering provides strong long term growth potential in a highly desirable central location, close to shopping, transit, and community amenities, making it an outstanding investment in a high-demand rental market. (id:6769)
Property Details
Subarea
Main North
Lot
0
Listing Agent
Bill Raine
(250) 870-6210
Brokerage
Coldwell Banker Horizon Realty
(250) 768-8001
Disclaimer:
The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Listing data last updated date: 2025-12-14 02:28:23
