795 Elliot Avenue, Kelowna | $1,445,000

PRIME DEVELOPMENT PROPERTY!! . Great Investment opportunity, ""TWO HOUSES"" on the lot currently pulling in a whopping $7200/month. The MF1 Zoning on this property will allow for 6 dwelling units The house at 795 Elliot is a cute 2 bedroom/1 bathroom renovated Rancher with a huge full height crawlspace. The second legal non conforming house situated at the back of the property for privacy and fronting on Copeland features 2 bedrooms and 1 bathroom upstairs as well as a 2 bedroom /1 bathroom self contained suite. Measurements and room dimensions shown in the listing are as follows: *Level 1: is for the 2 Bedroom Rancher plus 700 sq crawlspace *Level 2: is for the Second Home 2 Bedroom Suite *Level 3: is for the Second Home 2 Bedroom Main Floor The location of this property close to Downtown, Okanagan College, Kelowna Hospital, Pandosy Village, Beaches, Schools and Transit make this an ideal and superb location. Whether you choose to live in one and rent the others or continue to rent out all 3 this is an amazing opportuity to invest in the future. At this price with the current revenue being generated, the location and the development potential this property is truly unique.

Description

PRIME DEVELOPMENT PROPERTY!! . Great Investment opportunity, ""TWO HOUSES"" on the lot currently pulling in a whopping $7200/month. The MF1 Zoning on this property will allow for 6 dwelling units The house at 795 Elliot is a cute 2 bedroom/1 bathroom renovated Rancher with a huge full height crawlspace. The second legal non conforming house situated at the back of the property for privacy and fronting on Copeland features 2 bedrooms and 1 bathroom upstairs as well as a 2 bedroom /1 bathroom self contained suite. Measurements and room dimensions shown in the listing are as follows: *Level 1: is for the 2 Bedroom Rancher plus 700 sq crawlspace *Level 2: is for the Second Home 2 Bedroom Suite *Level 3: is for the Second Home 2 Bedroom Main Floor The location of this property close to Downtown, Okanagan College, Kelowna Hospital, Pandosy Village, Beaches, Schools and Transit make this an ideal and superb location. Whether you choose to live in one and rent the others or continue to rent out all 3 this is an amazing opportuity to invest in the future. At this price with the current revenue being generated, the location and the development potential this property is truly unique.

General Info


MLS Listing ID: 10339385 Bedrooms: 6 Bathrooms: 3 Year Built: 1947
Parking: N/A Heating: See remarks Lotsize: 0.19 ac|under 1 acre Air Conditioning : Wall unit
Home Style: N/A Finished Floor Area: Hardwood, Linoleum Fireplaces: N/A Basement: Partial

Amenities/Features


  • Cul-de-sac

MAP View


Street View


Get More Info



Mortgage Calculator




Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .