Single Family
Rare 7.6% CAP Rate – Turn-Key Multi-Unit Powerhouse! Stop searching for the ""perfect"" investment—it just arrived. This massive multi-generational estate offers a rare combination of high-yield cash flow and premium 2023 renovations. Currently generating a staggering $9,200/month in rental income from students and professionals, this property is a great cash flow investment. The Layout: Main Residence: Spacious 9 Bedrooms / 5 Bathrooms, 4 kitchen home. Dual Suites: Two fully self-contained 2-Bedroom suites. Bonus Potential: A dedicated bachelor suite (plumbed/ready for easy bathroom install). The $250,000 Edge: Forget the typical ""run-down"" rental. This home was extensively updated in 2023. We’re talking a brand-new roof, modern bathrooms, fresh upstairs flooring, and professional landscaping. Prime Location: Situated in a quiet, safe Rutland North pocket right behind Pearson Elementary. It’s perfectly positioned on a major bus route to UBCO, ensuring your vacancy rate stays near zero. Whether you’re looking for a blue-chip addition to your portfolio or a multi-generational family home that pays for itself, this is it. PS: Windows and Furnace are original but in good working order. Measurements are from iGuide, if important, please re-measure. FURNITURE NEGOTIABLE (id:6769)
Subarea
Rutland North
Lot
0.21
Year Built
1990
Sewer
Municipal sewage system
Flooring
Carpeted,Laminate,Wood
Parking Type
12
| Room | Floor | Dimension |
|---|---|---|
| Media | Second level | 12'0'' x 21'0'' |
| Full bathroom | Second level | 9'5'' x 7'6'' |
| 3pc Ensuite bath | Second level | 4'0'' x 10'2'' |
| Bedroom | Second level | 11'6'' x 11'2'' |
| Dining room | Second level | 10'10'' x 7'10'' |
| Bedroom | Second level | 25'8'' x 9'7'' |
| Bedroom | Second level | 12'10'' x 10'11'' |
| Bedroom | Second level | 9'5'' x 9'11'' |
| Primary Bedroom | Second level | 26'3'' x 12'10'' |
| Bedroom | Second level | 10'0'' x 17'5'' |
| Living room | Second level | 12'10'' x 26'3'' |
| Kitchen | Second level | 10'10'' x 9'7'' |
| Bedroom | Main level | 11'7'' x 11'1'' |
| 3pc Bathroom | Main level | Measurements not available |
| 3pc Ensuite bath | Main level | Measurements not available |
| Kitchen | Main level | 10'0'' x 10'0'' |
| Full bathroom | Main level | 9'4'' x 8'3'' |
| Laundry room | Main level | 9'10'' x 12'5'' |
| Bedroom | Main level | 9'4'' x 9'6'' |
Sam Belete
(250) 351-6029
Royal LePage Kelowna
(250) 860-1100
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Listing data last updated date: 2026-04-08 03:41:59
