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$1,850,000

1175-1179 Raymer Avenue,

MLS®#:10241435

  • 8
  • 4
  • Area:4220.00 Square Feet
$1,850,000

1175-1179 Raymer Avenue,

Beds 8
Baths 4
MLS® Number 10241435
$1,850,000
City Kelowna
Neighbourhood Kelowna South
Province British Columbia
Postal Code V1Y4Z7
Property Style

Listing Courtesy Of Macdonald Realty Kelowna

Exceptional holding and investment property in one of Kelowna's most desirable locations. This fourplex offers 4 2 bed 1 bath spacious suites. Lower 2 suites are 1000 sqft. Upper suites are 1100 sqft with private decks. All have outdoor living space. There is ample parking for all suites plus an additional 2 car garage which could rented. 2 Parking spots for each suite plus additional parking off Bouvette Street. There is a coin laundry for additional income (appox $100 per month.). This large .22 acre property has future development potential and has 3 access points, Bouvette St and Raymer Ave. Current rent breakdown is, 1179B-$1600, 1175B-$1450, 1175A $1050,$4100. 1179A (owner occupied potential rents $1600, Garage rents potential $200 p/m ), (B suites are lower level, A suites upper level). Utilities are included for all suites. Expenses-Insurance $3363, outdoor/snow and lawn $1300-1500, taxes $5786, utilities $9,2335.45(Total expenses=$19,884.45) Rents are significantly under market rates. All suites have been very well maintained with some updates. Each suite has a private entrance with ample green space for tenants with large shared grass area plus storage areas available. Heating is combination of gas and electric, newer appliances in 3 suites, including vented hood fans, roof (tar and gravel) 14 years old, new lighting installed throughout, recently building has been painted, newer hot water tanks (2017) gas furnaces 15 years old.Solid rubber subfloor soundproofing. (id:30499)

Interior

Cooling No
Flooring Carpeted
Heating Baseboard Heaters,forced Air,, (,,electric,natural Gas)
Square Feet 4220.00 Square Feet
Stories 2

Rooms

Type

Living Room
Dining Room
Kitchen
Primary Bedroom
Bedroom

Level

Room 1 Level Second level
Room 2 Level Second Level
Room 3 Level Second Level
Room 4 Level Second level
Room 5 Level Second level

Dimensions

Room 1 Dimensions 13 ft X 18 ft
Room 2 Dimensions 10 ft X 10 ft
Room 3 Dimensions 13 Ft X 11 Ft
Room 4 Dimensions 13 ft X 13 ft
Room 5 Dimensions 11 ft X 11 ft

Exterior

Attached Garage Yes
Carport No
Garage Yes
Lot Size 0.22/acres
Water Front No
Sewer Municipal sewage system
Year Built 1973
Pool No
Open Parking No
Parking Spaces 10

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David Jurome

Personal Real Estate Corporation, Associate Broker, REALTOR®, RI

Macdonald Realty Kelowna

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