1175-1179 RAYMER AVENUE

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$1,875,000
1175-1179 RAYMER AVENUE
Kelowna, British Columbia V1Y4Z7
MLS® Number: 10367677
8Beds
4Baths
4,220Sq Ft
8Parking
1973Year Built
Single FamilyType

About This Property

This well-maintained fourplex features four spacious 2-bedroom, 1-bathroom suites, each with a private entrance and its own outdoor living area surrounded by generous green space. Tenants enjoy on-site storage, designated parking spots, and convenient coin laundry. Situated on a large 0.22-acre MF1-zoned lot with dual access from both Raymer Avenue and Bouvette Street, the property offers excellent functionality and investment appeal. The upper suites, each 1,100 sq. ft., and the lower suites, each 1,000 sq. ft., have been thoughtfully upgraded and well cared for. Current rental income is strong, with 1179A at $1,800/month, 1179B at $2,100/month, 1175A at $1,367/month, and 1175B at $1,820/month, generating a total monthly income of $7,087. With its solid returns, prime location, and appealing layout, this property is an excellent income-producing opportunity in a desirable area. (id:64973)

Property Details

Bedrooms8
Bathrooms4
Living Area4,220 sq ft
Lot Size0.22 (0 acres)
Year Built1973
Property TypeSingle Family
Parking8
HeatingBaseboard heaters, Forced air, Electric, See remarks
FencingFence
Annual Taxes$6,899
CityKelowna
Postal CodeV1Y4Z7
MLS® #10367677

Location

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