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433 Eckhardt Ave E

Eckhardt Ave EPentictonBC, V2A 1Z6

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Beds
-
Baths
$999,900
List Price
433 Eckhardt Ave E, Penticton, BC - 1 of 3
433 Eckhardt Ave E, Penticton, BC - 2 of 3
433 Eckhardt Ave E, Penticton, BC - 3 of 3
111 days on market

Quick Summary

  • Stable long-term tenant base with low vacancy
  • Upward pressure on rental rates expected
  • Centrally located in Penticton's downtown core
  • Close proximity to schools, shopping, and beach
  • Affordable investment opportunity
  • Solid 8-unit apartment building
  • Long-term ownership by same family
  • Potential for strong investment returns

Affordable Investment Opportunity! This solid 8 unit apartment building is located in the heart of Penticton. This property has been owned long term by the same family for many decades. This 8 unit building consists of 6 one bedroom units and 2 two bedroom apartments. Long term tenant base provides stable income with little or no... Show More

Affordable Investment Opportunity! This solid 8 unit apartment building is located in the heart of Penticton. This property has been owned long term by the same family for many decades. This 8 unit building consists of 6 one bedroom units and 2 two bedroom apartments. Long term tenant base provides stable income with little or no vacancy in the last 5 years. With projected low vacancies and upward pressure on rental rates for the foreseeable future, there is plenty of upside for investment return. This building is centrally located in Penticton’s downtown core, this popular location is close to schools, shopping and only a few blocks from the beach! This is your opportunity to have a solid investment in one of the Okanagan’s prime locations. Call today for more information. (id:54626)

Property Details

Build

Year Built
1948
Model Name
-
Basement
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Exterior
Stucco
Foundation
-
Builder Name
-
Stories
3
Flooring
Mixed Flooring
Roof
Other

Heating & Cooling

Heating
See remarks
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system

Ownership Details

Ownership

Title
Freehold
Zoning
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Source

Listing Brokerage

MLS® Listing
10320602
Last Updated
July 26, 2024
Brokerage
Chamberlain Property Group
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