Don Rae Realtor

1175-1179 Raymer Avenue Kelowna V1Y4Z7

Price : $1,875,000	Listing ID : 10367677
8	4
Property Type : Single Family	Building Type : Fourplex
Title : Freehold	Finished Area : 4220 sqft
Built in : 1973	Total Parking Spaces : 8

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:56537)

Call (250)-864-7337 for showing information.

Details
Amenities Nearby : -	Access : -	Appliances Inc : -
Community Features : -	Features : -	Structures : -
Total Parking Spaces : 8	View : -	Waterfront : -
Zoning Type : -
Building
Architecture Style : -	Bathrooms (Partial) : 0	Cooling : -
Fire Protection : -	Fireplace Fuel : -	Fireplace Type : -
Floor Space : -	Flooring : Carpeted, Vinyl	Foundation Type : -
Heating Fuel : Electric	Heating Type : Baseboard heaters, Forced air, See remarks	Roof Style : Unknown
Roofing Material : Tar & gravel	Sewer : Municipal sewage system	Utility Water : Municipal water
Basement
Type : -	Development : -	Features : -
Land
Landscape Features : -
Rooms
Level :	Type :	Dimensions :
Main level	Bedroom	11' x 11'
	Full bathroom	6' x 8'
	Kitchen	10' x 10'
	Living room	13' x 18'
	Primary Bedroom	13' x 13'
Second level	Bedroom	11' x 11'
	Dining room	10' x 10'
	Full bathroom	6' x 8'
	Kitchen	13' x 11'
	Living room	13' x 18'
	Primary Bedroom	13' x 13'

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.