Don Rae Realtor


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  • 1266 GOVERNMENT Street Penticton v2a4v4

    Price : $799,000 Listing ID : 10361847
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 2066 sqft
    Built in : 1930 Total Parking Spaces : 2
    Exceptional 8-Unit Development Opportunity on Government Street. This prime property presents an excellent opportunity for developers or investors, with preliminary designs in place for two 4-plex development sites (8 units total). Conveniently located near the hospital, IGA, and public transit, the site offers both accessibility and strong future growth potential. Currently, the property features a home that is rented for $1,700 per month plus utilities, providing holding income while you plan your project. With the groundwork already underway and preliminary designs available, this is an ideal chance to move forward with a profitable development in a sought-after area. Whether you’re looking to build and sell, hold as a rental investment, or add to your portfolio, this property offers flexibility and strong upside. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : Schools, Shopping Access : Easy access Appliances Inc : -
    Community Features : - Features : - Structures : -
    Total Parking Spaces : 2 View : - Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : Ranch Bathrooms (Partial) : 0 Cooling : -
    Fire Protection : - Fireplace Fuel : Gas Fireplace Type : Unknown
    Floor Space : - Flooring : - Foundation Type : -
    Heating Fuel : - Heating Type : Forced air, See remarks Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : Cellar Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Main level 4pc Bathroom Measurements not available
    Bedroom 12'6'' x 11'10''
    Bedroom 9'8'' x 7'7''
    Dining nook 4'0'' x 7'0''
    Kitchen 9'0'' x 17'8''
    Living room 26'6'' x 13'4''
    Primary Bedroom 10'8'' x 13'4''
    Second level Other 20'0'' x 12'0''
    Storage 12'0'' x 14'0''
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.