9870 Pinnacles Road Vernon, British Columbia V1B 3M1
$1,399,900
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:46227)
Property Details
| MLS® Number | 10328357 |
| Property Type | Single Family |
| Neigbourhood | Silver Star |
| Community Features | Rentals Allowed |
| Features | Balcony, Three Balconies |
| Parking Space Total | 8 |
| View Type | Mountain View, View (panoramic) |
Building
| Bathroom Total | 6 |
| Bedrooms Total | 6 |
| Architectural Style | Bungalow |
| Constructed Date | 1960 |
| Exterior Finish | Other |
| Fire Protection | Security System |
| Heating Type | Baseboard Heaters |
| Roof Material | Steel |
| Roof Style | Unknown |
| Stories Total | 1 |
| Size Interior | 2562 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Street |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.35 |
| Size Total | 0.35 Ac|under 1 Acre |
| Size Total Text | 0.35 Ac|under 1 Acre |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Full Bathroom | 4'11'' x 7'7'' | ||
| Second Level | Bedroom | 9'6'' x 7'4'' | ||
| Second Level | Primary Bedroom | 9'8'' x 9'9'' | ||
| Second Level | Full Bathroom | 6'6'' x 7'11'' | ||
| Second Level | Dining Nook | 5'5'' x 11'9'' | ||
| Second Level | Primary Bedroom | 11' x 12'6'' | ||
| Second Level | Full Bathroom | 4'5'' x 4'7'' | ||
| Second Level | Bedroom | 7'4'' x 9'5'' | ||
| Second Level | Primary Bedroom | 9'8'' x 9'11'' | ||
| Lower Level | Other | 3'6'' x 7'8'' | ||
| Lower Level | Primary Bedroom | 9' x 17'3'' | ||
| Lower Level | Kitchen | 9' x 19'8'' | ||
| Lower Level | Foyer | 7' x 7'9'' | ||
| Lower Level | Full Bathroom | 4'5'' x 6'9'' | ||
| Main Level | Kitchen | 4'9'' x 15'3'' | ||
| Main Level | Dining Room | 7'4'' x 8' | ||
| Main Level | Living Room | 9'6'' x 9'8'' | ||
| Main Level | Foyer | 4' x 5'9'' | ||
| Main Level | Dining Room | 11'3'' x 12'3'' | ||
| Main Level | Living Room | 7'1'' x 11'3'' | ||
| Main Level | Full Bathroom | 2'5'' x 6'6'' | ||
| Main Level | Kitchen | 9'8'' x 11'9'' | ||
| Main Level | Foyer | 5'10'' x 11'9'' | ||
| Main Level | Full Bathroom | 4'5'' x 4'7'' | ||
| Main Level | Kitchen | 4'9'' x 15'3'' | ||
| Main Level | Dining Room | 7'4'' x 8' | ||
| Main Level | Living Room | 9'6'' x 9'8'' | ||
| Main Level | Foyer | 4' x 5'9'' |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
| Sewer | Available |
| Water | Available |
https://www.realtor.ca/real-estate/27655749/9870-pinnacles-road-vernon-silver-star
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November 15 2024 11:28:49
Okanagan-Mainline Real Estate Board
Exp Realty (Kelowna)