MLS: 10392402
1030 TIMMINS Street
2212 sqft
5 Bedrooms
3 Bathrooms
$1,199,900
MAIN HOUSE (1955) + CARRIAGE HOME (2022) Package. Exceptional investment opportunity in one of Penticton's most convenient locations! Situated on a flat 0.19-acre (approximately 8,200 sq. ft.) lot with valuable lane access, this income-producing property generates approximately $6,000 per month in rental revenue. The property includes a beautifully built 2022 carriage home, protected by its new home warranty, and a well-maintained 3-bedroom, 1-bath Main home with updated vinyl siding, gutters, and a spacious 4-foot crawl space for added storage. Separate electrical and gas meters, a new privacy fence between the homes, and low-maintenance xeriscaping make this an ideal investment. The carriage home also features a ductless heating and cooling system and on-demand hot water. Whether you're looking to expand your investment portfolio, secure a holding property with future development potential, or live in one home while generating rental income from the other, this property offers exceptional flexibility. Just a short walk to downtown Penticton, you'll enjoy easy access to restaurants, breweries, shopping, parks, and the waterfront. Okanagan College and Kings Park are both nearby, making this an attractive option for students, families, and investors alike. A rare opportunity to secure a versatile, income-producing property in a highly desirable location. (id:6770)
Investment Opportunities 3+ bedrooms 4+ bedrooms 5+ bedrooms Single Family Home < 1 Acre
Listed by Arshan Gill
RE/MAX Realty Solutions
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Overview
- Price $1,199,900
- MLS # 10392402
- Age 1955
- Stories 1
- Size 2212 sqft
- Bedrooms 5
- Bathrooms 3
- Exterior Wood siding
- Cooling Central Air Conditioning,
- Appliances Range, Refrigerator, Drye
- Water Municipal water
- Sewer Municipal sewage system
- Listing Agent Arshan Gill
- Listing Office RE/MAX Realty Solutions
- View Mountain view
- Landscape Features Level
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