CABCKelownaSouth Pandosy-K.l.o1175-1179 Raymer Ave

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1175-1179 Raymer Ave, Kelowna, BC

Name: 1175-1179 Raymer Ave, For Sale in Kelowna - eXp Realty
Brand: Judy Lindsay Okanagan
SKU: 10394668
Price: 1749000 CAD

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838

MLS® 10394668

Property Details
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Description

4 SUITES • $7, 087/MONTH RENTAL INCOME • 0.22-ACRE MF1 LOT Well-maintained and thoughtfully upgraded, this fourplex offers an excellent investment opportunity with strong rental income, spacious suites and valuable future potential. Situated on a generous 0.22-acre MF1-zoned lot with convenient dual access from both Raymer Avenue and Bouvette Street, the property combines functionality with long-term upside. The building features four spacious 2-bedroom, 1-bathroom suites, each with its own private entrance and outdoor living area surrounded by generous green space. The upper suites are approximately 1, 100 sq. ft. each, while the lower suites are approximately 1, 000 sq. ft. each. All suites have been well cared for and thoughtfully upgraded. Tenants enjoy designated parking, on-site storage and convenient coin laundry, adding to the property's appeal and ease of management. Current rents total an impressive $7, 087/month, with 1179A at $1, 800, 1179B at $2, 100, 1175A at $1, 367 and 1175B at $1, 820. With four established rental units, a large MF1-zoned lot, dual access and strong existing income, 1175–1179 Raymer Avenue is an attractive opportunity for investors looking for reliable cash flow and future potential in a desirable location. (id:58753)Show Description

Key Facts

Type Quadruplex

Levels Residential

Size 4220 sqft

Taxes $8,571

Days Active 19

Lot Size 0.22 Acres

Approx. Age 1973

Avg. Price Per Sqft $414

MLS® Number 10394668

Central VacNo

FireplaceNo

Approx. Age1973

DrivewayStreet

HeatBaseboard heaters, Forced air, Electric, See remarks

Additional Information

Roofing Tar/Gravel, Other

Siding Stucco

Sewage System Public Sewer

Landscaping Level lot, Private setting

Price History

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