520 Westminster Avenue W Penticton, British Columbia V2A 1K6
$1,275,000
Westminster Apartments consists of 9 units, there are 6-TWO bedroom and 3-ONE bedroom units. Close to Okanagan Lake and Beach, downtown shopping, and endless restaurants within walking distance! Long-term tenants with most living at the complex for 10+ years, so the current rents are low and there is a positive upside that they could be increased over time. The current annual gross rent revenue is $95,500. The building is a little tired and requires a little work! The 2024 assessment value is $1,503,000. Only asking $155,444 per unit. (id:46227)
Property Details
| MLS® Number | 10324057 |
| Property Type | Multi-family |
| Neigbourhood | Main North |
| Parking Space Total | 5 |
Building
| Appliances | Refrigerator, Range - Electric |
| Constructed Date | 1975 |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick, Stucco |
| Fire Protection | Smoke Detector Only |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Size Interior | 7350 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.14 |
| Size Total | 0.14 Ac|under 1 Acre |
| Size Total Text | 0.14 Ac|under 1 Acre |
| Zoning Type | Residential |
https://www.realtor.ca/real-estate/27421445/520-westminster-avenue-w-penticton-main-north
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 06 2024 12:58:47
Okanagan-Mainline Real Estate Board
Royal LePage Locations West