669 MARTIN STREET, Penticton, British Columbia, V2A5M6
Property TypeMulti-family

Rare opportunity to own a first-class revenue generating property ideal for any long-term investor. 4 story building comprising 31 apartments. The "Fairlane Apartment" building has 1 - bachelor, 16 -1 bedroom and 14 - 2 bedrooms suites. 22 apartments have been fully renovated and 3 apartments being renovated. Many upgrades including new roof 2015, air-conditioners, elevator, windows, hot-water tanks, decks, paint and security cameras. Each apartment is individually metered and tenants pay utilities. Great location in the heart of Penticton's downtown. Excellent Cap Rate plus a great upside awaits an investor. (id:15888)


Business
Business TypeResidential Business Sub TypeApartments
Details
Amenities NearbyRecreation, Public Transit, Shopping, Airport FeaturesCentral location, Flat site
TransactionFor sale ViewMountain view
Building
Construction MaterialWood frame Heating FuelElectric
HeatingBaseboard heaters Utility PowerSingle Phase
Utility WaterMunicipal water
Land
Access TypeEasy access AmenitiesRecreation, Public Transit, Shopping, Airport
SewerMunicipal sewage system

Listing Office: ROYAL LEPAGE LOCATIONS WEST

Data Provided by South Okanagan Real Estate Board

Last Modified :28/09/2018 04:16:51 PM

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