MLS: 10324014
564, 576 & 580 ELLIS Street
10350 sqft
$3,599,000
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:6770)
Investment Opportunities Age 5 - 10 Years Multi Family < 1 Acre NewListed by Kirk Chamberlain
Chamberlain Property Group
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Overview
- Price $3,599,000
- MLS # 10324014
- Age 2015
- Stories 3
- Size 10350 sqft
- Water Municipal water
- Sewer Municipal sewage system
- Listing Agent Kirk Chamberlain
- Listing Office Chamberlain Property Group
- Landscape Features Landscaped, Level
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