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| 1175-1179 Raymer Avenue Kelowna V1Y4Z7 |
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| Price : $1,749,000 |
Listing ID : 10394668
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8 
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3 
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| Property Type : Single Family |
Building Type : Fourplex |
| Title : Freehold |
Finished Area : 4220 sqft |
| Built in : 1973 |
Total Parking Spaces : 8 |
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4 SUITES • $7,087/MONTH RENTAL INCOME • 0.22-ACRE MF1 LOT Well-maintained and thoughtfully upgraded, this fourplex offers an excellent investment opportunity with strong rental income, spacious suites and valuable future potential. Situated on a generous 0.22-acre MF1-zoned lot with convenient dual access from both Raymer Avenue and Bouvette Street, the property combines functionality with long-term upside. The building features four spacious 2-bedroom, 1-bathroom suites, each with its own private entrance and outdoor living area surrounded by generous green space. The upper suites are approximately 1,100 sq. ft. each, while the lower suites are approximately 1,000 sq. ft. each. All suites have been well cared for and thoughtfully upgraded. Tenants enjoy designated parking, on-site storage and convenient coin laundry, adding to the property's appeal and ease of management. Current rents total an impressive $7,087/month, with 1179A at $1,800, 1179B at $2,100, 1175A at $1,367 and 1175B at $1,820. With four established rental units, a large MF1-zoned lot, dual access and strong existing income, 1175–1179 Raymer Avenue is an attractive opportunity for investors looking for reliable cash flow and future potential in a desirable location. (id:56537)
Call (250)-864-7337 for showing information. |
| Details |
| Amenities Nearby : Public Transit, Park, Recreation, Schools, Shopping |
Access : - |
Appliances Inc : - |
| Community Features : Family Oriented |
Features : Level lot, Private setting |
Structures : - |
| Total Parking Spaces : 8 |
View : - |
Waterfront : - |
| Zoning Type : - |
| Building |
| Architecture Style : - |
Bathrooms (Partial) : 0 |
Cooling : - |
| Fire Protection : - |
Fireplace Fuel : - |
Fireplace Type : - |
| Floor Space : - |
Flooring : Carpeted, Vinyl |
Foundation Type : - |
| Heating Fuel : Electric |
Heating Type : Baseboard heaters, Forced air, See remarks |
Roof Style : Unknown |
| Roofing Material : Tar & gravel |
Sewer : Municipal sewage system |
Utility Water : Municipal water |
| Basement |
| Type : - |
Development : - |
Features : - |
| Land |
| Landscape Features : Level |
| Rooms |
| Level : |
Type : |
Dimensions : |
| Main level |
Bedroom |
11' x 11' |
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Full bathroom |
6' x 8' |
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Kitchen |
10' x 10' |
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Living room |
13' x 18' |
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Primary Bedroom |
13' x 13' |
| Second level |
Bedroom |
11' x 11' |
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Dining room |
10' x 10' |
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Full bathroom |
6' x 8' |
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Kitchen |
13' x 11' |
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Living room |
13' x 18' |
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Primary Bedroom |
13' x 13' |
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Data from sources believed reliable but should not be relied upon without verification. All measurements are
approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association.
REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate
Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently
under contract.
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