Don Rae Realtor


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  • 569 FORTUNE Drive Kamloops V2B2J8

    Price : $599,000 Listing ID : 10396585
    4 Bedrooms 2 Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 2217 sqft
    Built in : 1950 Total Parking Spaces : -
    INVESTOR ALERT! $4,500/MONTH MARKET RENT POTENTIAL! Exceptional cash-flow opportunity on a prime corner lot with future development potential. The property may offer subdivision potential, subject to City of Kamloops approval, making it an attractive option for investors looking for both immediate rental income and long-term upside. The main floor features a spacious living room, bright kitchen and dining area, separate laundry, a full bathroom, and three bedrooms, including a primary suite with its own ensuite. The self-contained lower-level suite offers a private entrance, separate laundry, full kitchen, large living area, full bathroom, and an oversized bedroom, ideal for maximizing rental revenue. Estimated market rental income of approximately $4,500 per month. Conveniently located near schools, shopping, transit, and other amenities. Recent updates include newer appliances, a newer roof, and a new hot water tank. A rare opportunity to own an income-producing property with potential future redevelopment possibilities. Buyers should verify subdivision and development potential with the City of Kamloops. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : Park, Recreation, Shopping Access : Easy access Appliances Inc : Range, Washer & Dryer
    Community Features : - Features : Level lot Structures : -
    Total Parking Spaces : - View : - Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : Bungalow Bathrooms (Partial) : 1 Cooling : -
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : Laminate, Mixed Flooring Foundation Type : -
    Heating Fuel : - Heating Type : Forced air, See remarks Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : Partial Development : - Features : -
    Land
    Landscape Features : Level
    Rooms
    Level : Type : Dimensions :
    Basement Bedroom 13'0'' x 9'4''
    Foyer 4'10'' x 12'0''
    Kitchen 12'0'' x 9'0''
    Laundry room 5'4'' x 6'0''
    Living room 12'0'' x 11'0''
    Main level 2pc Ensuite bath Measurements not available
    4pc Bathroom Measurements not available
    Bedroom 10'3'' x 11'9''
    Bedroom 10'6'' x 11'9''
    Dining room 8'0'' x 10'0''
    Kitchen 12'0'' x 7'6''
    Laundry room 7'0'' x 5'8''
    Living room 15'0'' x 17'0''
    Primary Bedroom 12'7'' x 11'10''
    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.