Dallas Markovina Personal Real Estate Corporation - 250-870-6145

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Single Family in Kelowna

$1,599,900.00
755-759 Francis Avenue - MLS® #: 10323437
  • (192)
  • 189
  • 71
  • 9 Bedrooms
  • 6 Bathrooms
  • 4060 Sq Ft
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Dallas Markovina Personal Real Estate Corporation
Contact Agent
250-870-6145

Property Type

Single Family

Description

MULTI-FAMILY, INVESTORS, RENTAL PROPERTY Families looking for rental units. MAIN HOUSE with LEGAL SUITE AND FULL DUPLEX IN THE LANEWAY. 9 BEDROOMS IN TOTAL. 4 FULL BATHROOMS AND 2 HALF BATHS IN TOTAL. 4 KITCHENS IN TOTAL. MAIN FLOOR - main house main floor Basement- main house basement suite Third Floor- 759 laneway Second Floor - 757 laneway Fantastic opportunity to own a multi-family property in a prime location in Kelowna. Centrally located in Kelowna South, this property is close to all amenities including shopping, restaurants, schools and parks and transit, and hospital. This UNIQUE property offers a Main house with a 2 bedroom 1 bath legal suite AS WELL AS a full side by side duplex in the laneway with its own parking. The main house was built approx. 1965 and has had some updates including the roof. The Duplex was built in 2019. The main house has 3 beds 1 bath up and an additional 2 beds 1 bath down. Each duplex has 2 beds and a flex space, 1.5 baths. SEE THE FLOOR PLANS FOR EACH SPACE. 755A, 755B, 757, 759 are all tenanted. Combined monthly income currently is $7,608.00 with 3 of the 4 units already given rent increase notices for January. Rental income as of January 2025 will be $7788. per month. CAP RATE currently of 5.25% (Jan 2025 CAP is approx. 5.39%) Options to redevelop main house, potentially stratify. Well maintained property and managed by a property manager. Appointments necessary. (id:6769)

Property Details

Subarea
Kelowna South

Lot
0.15

Year Built
1965

Sewer
Municipal sewage system

Rooms Dimension

RoomFloorDimension
Full bathroomSecond levelMeasurements not available
Primary BedroomSecond level11'7'' x 10'7''
BedroomSecond level9'4'' x 12'
Primary BedroomSecond level9'11'' x 10'6''
BedroomSecond level9' x 11'2''
4pc BathroomSecond level7'1'' x 5'5''
2pc BathroomMain level4'9'' x 5'11''
2pc BathroomMain level5'1'' x 4'9''
Primary BedroomMain level11'4'' x 11'2''
Living roomMain level14'11'' x 19'7''
KitchenMain level9'5'' x 12'3''
Dining roomMain level9'9'' x 9'11''
BedroomMain level9'3'' x 10'1''
BedroomMain level11'4'' x 9'7''
4pc BathroomMain level9'4'' x 6'11''
Primary BedroomAdditional Accommodation9'11'' x 11'5''
Living roomAdditional Accommodation11'7'' x 14'9''
KitchenAdditional Accommodation11'4'' x 13'5''
Dining roomAdditional Accommodation11'4'' x 8'2''

Listing Agent

Carla Green
(250) 863-4069

Brokerage

Macdonald Realty Interior
(250) 860-4300

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: 2024-11-25 02:54:49




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