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| 850 Hollywood Road N Kelowna V1X5Y7 |
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| Price : $1,249,000 |
Listing ID : 10381211
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9 
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5 
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| Property Type : Single Family |
Building Type : House |
| Title : Freehold |
Finished Area : 3581 sqft |
| Built in : 1990 |
Total Parking Spaces : 12 |
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Rare 7.6% CAP Rate – Turn-Key Multi-Unit Powerhouse! Stop searching for the ""perfect"" investment—it just arrived. This massive multi-generational estate offers a rare combination of high-yield cash flow and premium 2023 renovations. Currently generating a staggering $9,200/month in rental income from students and professionals, this property is a great cash flow investment. The Layout: Main Residence: Spacious 9 Bedrooms / 5 Bathrooms, 4 kitchen home. Dual Suites: Two fully self-contained 2-Bedroom suites. Bonus Potential: A dedicated bachelor suite (plumbed/ready for easy bathroom install). The $250,000 Edge: Forget the typical ""run-down"" rental. This home was extensively updated in 2023. We’re talking a brand-new roof, modern bathrooms, fresh upstairs flooring, and professional landscaping. Prime Location: Situated in a quiet, safe Rutland North pocket right behind Pearson Elementary. It’s perfectly positioned on a major bus route to UBCO, ensuring your vacancy rate stays near zero. Whether you’re looking for a blue-chip addition to your portfolio or a multi-generational family home that pays for itself, this is it. PS: Windows and Furnace are original but in good working order. Measurements are from iGuide, if important, please re-measure. FURNITURE NEGOTIABLE (id:56537)
Call (250)-864-7337 for showing information. |
| Details |
| Amenities Nearby : Golf Nearby, Airport, Recreation, Schools, Shopping |
Access : Easy access |
Appliances Inc : - |
| Community Features : - |
Features : Level lot |
Structures : - |
| Total Parking Spaces : 12 |
View : City view, Mountain view, Valley view |
Waterfront : Other |
| Zoning Type : - |
| Building |
| Architecture Style : - |
Bathrooms (Partial) : 0 |
Cooling : Central air conditioning |
| Fire Protection : Smoke Detector Only |
Fireplace Fuel : - |
Fireplace Type : - |
| Floor Space : - |
Flooring : Carpeted, Laminate, Wood |
Foundation Type : - |
| Heating Fuel : - |
Heating Type : See remarks |
Roof Style : Unknown |
| Roofing Material : Asphalt shingle |
Sewer : Municipal sewage system |
Utility Water : Irrigation District |
| Basement |
| Type : Full |
Development : - |
Features : - |
| Land |
| Landscape Features : Landscaped, Level |
| Rooms |
| Level : |
Type : |
Dimensions : |
| Main level |
3pc Bathroom |
Measurements not available |
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3pc Ensuite bath |
Measurements not available |
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Bedroom |
11'7'' x 11'1'' |
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Bedroom |
12'10'' x 9'9'' |
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Bedroom |
9'4'' x 9'6'' |
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Full bathroom |
9'4'' x 8'3'' |
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Kitchen |
10'0'' x 10'0'' |
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Laundry room |
9'10'' x 12'5'' |
| Second level |
3pc Ensuite bath |
4'0'' x 10'2'' |
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Bedroom |
10'0'' x 17'5'' |
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Bedroom |
11'6'' x 11'2'' |
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Bedroom |
12'10'' x 10'11'' |
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Bedroom |
25'8'' x 9'7'' |
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Bedroom |
9'5'' x 9'11'' |
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Dining room |
10'10'' x 7'10'' |
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Full bathroom |
9'5'' x 7'6'' |
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Kitchen |
10'10'' x 9'7'' |
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Living room |
12'10'' x 26'3'' |
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Media |
12'0'' x 21'0'' |
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Primary Bedroom |
26'3'' x 12'10'' |
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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.
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