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1030 TIMMINS Street, Penticton | $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.

Description

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.

General Info


MLS Listing ID: 10392402 Bedrooms: 5 Bathrooms: 3 Year Built: 1955
Parking: N/A Heating: Forced air, See remarks Lotsize: 0.19 ac|under 1 acre Air Conditioning : Central air conditioning, Wall unit
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Crawl space

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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 .