861 Martin Ave
Martin Ave, Central City, Kelowna, BC, V1Y 6V4
Quick Summary
Quick Summary
- Large MF1 zoned lot with alley access
- Oversized 55 ft x 135 ft lot (7,425 sq ft)
- Potential for 4-plex or 6-plex development
- Potential for 2 duplexes instead of 1 fourplex
- Main home and carriage house bring rental income
- Great location to maximize investment
- Ideal for investor/developer
- Strong holding power and development potential
House and Carriage house on a large MF1 zoned lot. This is an investor/developer's dream property. It has strong holding power right now as well as great development potential in the future in an ideal location to maximize your investment now and later. The oversized, 55 ft x 135 ft lot with alley access (.17 acres or 7,425 sqft) allows a... Show More
House and Carriage house on a large MF1 zoned lot. This is an investor/developer's dream property. It has strong holding power right now as well as great development potential in the future in an ideal location to maximize your investment now and later. The oversized, 55 ft x 135 ft lot with alley access (.17 acres or 7,425 sqft) allows a developer to build bigger than average units in a future 4 plex or 6-plex that can be sold for more when finished. It would also allow for 2 duplexes instead of 1 fourplex to be built, similar to what was done across the street. In the meantime, the main home and carriage house are bringing in good rental income with great tenants until the time is right to start your development project. Like I said, this is an investor/developers dream property to purchase. (id:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Rooms
Full bathroom
7′10″ x 6′5″
Bedroom
8′10″ x 12′1″
Primary Bedroom
11′1″ x 15′4″
Living room
13′ x 17′9″
Kitchen
11′5″ x 17′9″
Full bathroom
8′10″ x 12′8″
Ownership Details
Ownership
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For Sale Nearby
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