1869 Marshall Street | $1,450,000
Sam Belete Agent Photo
Sam
Belete
P. (250) 717-1886
Phone Sam
REALTY EXECUTIVES ULTRA
# 209 1664 Richter Street
Kelowna, BC
Canada

Details

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Years (35 year max)
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Address 1869 Marshall Street
AreaCentral Okanagan
Sub AreaKS - Kelowna South
State/ProvinceBritish Columbia
CountryCanada
Price$1,450,000
Property TypeSingle Family
Bedrooms5
Bathrooms5
Floor Space2119 Square Feet
Lot Size0.17 Acres
Year Built1908
Taxes $6,239
Tax Year2022
MLS® #10256695

Calling all investors and Heritage Home enthusiasts, this property is the perfect combination of both. This property has 5 legal suits, very close to Downtown Kelowna, yet far enough for the privacy and security. Currently owner lives in a one bedroom unit and the other four units are rented for $4,500 PM. With owners unit rented at market price, a CAP of 5.31% is achieved. If all units are rented and are rented at market price (not the current lower rates), an income of $6,900 PM/ 5.7% CAP is Possible. There are 3 x 1 bedroom units and 2 bachelors (Studio) units. Attic space can be used as more liveable space. Has an old approval from Heritage Association and City of Kelowna to put up a 1 bedroom carriage home with 3 garages. Heritage Site is recorded on in title. Don't miss this rare opportunity, call your Agent today. Kindly allow 24 hours notice for viewing and see iGuide post. Higher definition pictures are also displayed. Kindly view room measurements in supplement.

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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