Great RM3 redevelopment opportunity - GLENMORE

Multi-Family for Sale
Catylist Listing ID: 30517543
Property Subtypes: Duplex/Fourplex
Building Status: Proposed
Number of Units: 4 Units
Building Size (RSF): 6,113 SF
Gross Building Area: See Agent
Gross Land Area: 0.23 Acres
Sale Price: $79,900 - 799,000
Unit Price: $19,975 Per Unit
Property Use Type: Investment
Sale Terms: Owner Financing
Cap Rate: Undisclosed
Last Updated: 12/10/2019

Overview / Comments

NEW LISTING: 1371 BERNARD AVENUE

Great RM3 redevelopment opportunity, with short-term holding revenue in the Bankhead area of Kelowna. Large corner lot, .23 acres, flat & rectangular with zoning and development permit in place for a large fourplex. Convenient Bernard Ave location is central, close to an abundance of amenities and only minutes from downtown.
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Current 2,031 SF home has two rental units (legal), one up and one down each with 2 bedrooms and a bathroom each. Each unit is completely self-contained, with long-term tenants in place and generates rental income. Property is located in a great family-oriented area near schools and parks
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Asking $839,900
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MLS® 10192946
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Website & More HD Photos: https://bit.ly/2VXO30w
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Ken McLaughlin B.COMM, ACP
ken (at) commercialbc.com
250.870.7845 (cell)
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Kris McLaughlin PREC*, CCIM, ACP
kris (at) mclrealestate.ca
250.870.2165 (cell)
*Personal Real Estate Corporation
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MCL Real Estate Group - McLaughlin Commercial Luxury
c/o RE/MAX Kelowna
100 - 1553 Harvey Avenue
Kelowna, B.C. V1Y 6G1

Additional Details

Nearest CMA: Kelowna
Regional District: Central Okanagan
Parcel ID: 001-565-893
Zoning: RM3

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Contact

Photograph of Listing Agent

Kris McLaughlin

RE/MAX Kelowna Commercial First Member
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