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9870 Pinnacles Rd

Pinnacles RdNorth Okanagan CBC, V1B 3Y9

6
Beds
6
Baths
2,562
Sq. Ft.
$1,399,900
List Price
9870 Pinnacles Rd, North Okanagan C, BC - 1 of 3
9870 Pinnacles Rd, North Okanagan C, BC - 2 of 3
9870 Pinnacles Rd, North Okanagan C, BC - 3 of 3
New
11 days on market

Quick Summary

  • Exceptional income-generating investment opportunity
  • Completely renovated 4-plex with additional suite
  • Fully rented with reliable long-term tenants
  • Robust rental income of $6,650 per month
  • Negotiable furniture worth an estimated $30,000
  • Flexible R3-zoned lot with development potential
  • Newly replaced 2-year-old roof
  • Ideal turnkey investment for savvy buyers

Ski in Ski out Exceptional Income-Generating Investment Opportunity Seize the chance to own this completely renovated 4-plex, legally designated as a triplex with an additional suite. This property offers a unique blend of modern upgrades and incredible earning potential. Fully rented with reliable long-term tenants through spring, it... Show More

Ski in Ski out Exceptional Income-Generating Investment Opportunity Seize the chance to own this completely renovated 4-plex, legally designated as a triplex with an additional suite. This property offers a unique blend of modern upgrades and incredible earning potential. Fully rented with reliable long-term tenants through spring, it currently generates a robust rental income of $6,650 per month, ensuring immediate returns. For added value, furniture is negotiable, with an estimated worth of $30,000, making this an ideal turnkey investment for savvy buyers. Roof is 2 year's old The property is situated on a medium residential R3-zoned lot, unlocking incredible development opportunities. This zoning permits: Single-family and duplex builds: Up to 20 dwellings (subject to municipal approval). Townhome developments: Up to 40 units (subject to municipal approval). Apartment complexes: Potentially up to 100 units (subject to municipal approval). Whether you're seeking a steady income stream or envisioning a larger-scale development project, this property offers the flexibility to fulfill your goals. Don’t miss out on this rare opportunity to own a high-yield asset with substantial growth potential. Contact us today to explore the possibilities and schedule your private viewing! We have a few more photos of the interior we can share with your realtor upon qualification. (id:54626)

Property Details

Size

2,562 sq. ft.
28 total rooms across 1 floor
6 Beds
6 Baths
6 Full

Parking

8 Parking Spaces
Street

Build

Year Built
1960
Model Name
-
Basement
-
Exterior
Other
Foundation
-
Builder Name
-
Stories
1
Flooring
-
Roof
Steel

Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Rooms

Full bathroom

7′7″ x 4′11″

Bedroom

7′4″ x 9′6″

Primary Bedroom

9′9″ x 9′8″

Full bathroom

7′11″ x 6′6″

Dining nook

11′9″ x 5′5″

Primary Bedroom

12′6″ x 11′0″

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Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Source

Listing Brokerage

MLS® Listing
10328357
Last Updated
November 26, 2024
Brokerage
eXp Realty (Kelowna)
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