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MLS: 10361847

1266 GOVERNMENT Street

2066 sqft

3 Bedrooms

1 Bathrooms

$799,000

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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:6770)

Investment Opportunities 3+ bedrooms Single Family Home < 1 Acre New
Listed by Amar Kahlon
RE/MAX Penticton Realty

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Overview

  • Price $799,000
  • MLS # 10361847
  • Age 1930
  • Stories 1
  • Size 2066 sqft
  • Bedrooms 3
  • Bathrooms 1
  • Exterior Other
  • Water Municipal water
  • Sewer Municipal sewage system
  • Listing Agent Amar Kahlon
  • Listing Office RE/MAX Penticton Realty

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