Area: British Columbia
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564, 576, 580 Ellis Street – For Sale as a Single Property. Urban, contemporary, and funky! Located just one block off Main Street in downtown, these 12 highly sought-after rental units offer a diverse mix: 3 ground-floor suites with 1 bedroom and 1 bath, 3 ground-floor suites with 2 bedrooms and 1 bath, and 6 two-story upper units with 3 bedrooms and 2 baths each. Each unit features its own private entrance, 6 appliances, stylish window coverings, and trendy interiors. All units come with private laundry facilities, hot water tanks, and balconies (except ground-floor suites). Parking is available via lane access and resident street parking with a permit. The property is professionally managed, well maintained, and benefits from a solid tenant mix with strong potential for growth as units turnover. Additionally, it is currently pet-friendly. With Penticton’s historically low vacancy rate of around 1%, this property represents a lucrative investment opportunity. (id:44056)

Property Details

Full Address:
564, 576 & 580 ELLIS Street, Penticton, British Columbia
Price:
$ 3,599,000
MLS Number:
10324014
List Date:
September 20th, 2024
Lot Size:
0.23 ac
Year Built:
2015
Taxes:
$ 17,311

Interior Features

Heating:
Baseboard heaters, Electric

Building Features

Storeys:
3
Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Residential
Garage:
Other
Garage Spaces:
9
Ownership Type:
Freehold
Taxes:
$ 17,311

Floors

Finished Area:
10350 sq.ft.

Land

Lot Size:
0.23 ac

Neighbourhood Features

Amenities Nearby:
Family Oriented

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent

Kirk Chamberlain
Chamberlain Property Group

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