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564, 576 & 580 Ellis Street

PentictonBC, V2A 4M3

-
Beds
-
Baths
10,350
Sq. Ft.
$3,599,000
List Price
564, 576 & 580 Ellis Street, Penticton, BC - 1 of 3
564, 576 & 580 Ellis Street, Penticton, BC - 2 of 3
564, 576 & 580 Ellis Street, Penticton, BC - 3 of 3
99 days on market

Quick Summary

  • Highly sought-after rental property with 12 units
  • Diverse unit mix with 1, 2, and 3 bedroom options
  • Stylish interiors with modern appliances and finishes
  • Private laundry, hot water tanks, and balconies in units
  • Convenient parking with lane access and resident permits
  • Professionally managed with strong tenant occupancy
  • Pet-friendly property in low vacancy Penticton market
  • Lucrative investment opportunity with growth potential

564, 576, 580 Ellis Street – For Sale as a Single Property. Urban, contemporary, and funky! Located just one block off Main Street in downtown, these 12 highly sought-after rental units offer a diverse mix: 3 ground-floor suites with 1 bedroom and 1 bath, 3 ground-floor suites with 2 bedrooms and 1 bath, and 6 two-story upper units with 3... Show More

564, 576, 580 Ellis Street – For Sale as a Single Property. Urban, contemporary, and funky! Located just one block off Main Street in downtown, these 12 highly sought-after rental units offer a diverse mix: 3 ground-floor suites with 1 bedroom and 1 bath, 3 ground-floor suites with 2 bedrooms and 1 bath, and 6 two-story upper units with 3 bedrooms and 2 baths each. Each unit features its own private entrance, 6 appliances, stylish window coverings, and trendy interiors. All units come with private laundry facilities, hot water tanks, and balconies (except ground-floor suites). Parking is available via lane access and resident street parking with a permit. The property is professionally managed, well maintained, and benefits from a solid tenant mix with strong potential for growth as units turnover. Additionally, it is currently pet-friendly. With Penticton’s historically low vacancy rate of around 1%, this property represents a lucrative investment opportunity. (id:54626)

Property Details

Size

10,350 sq. ft.
across 3 floors
0 Beds
0 Baths

Parking

9 Parking Spaces
Other

Build

Year Built
2015
Model Name
-
Basement
-
Exterior
-
Foundation
-
Builder Name
-
Stories
3
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Source

Listing Brokerage

MLS® Listing
10324014
Last Updated
September 20, 2024
Brokerage
Chamberlain Property Group
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