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760 Yates Road, Kamloops | $1,189,900

INVESTMENT & REDEVELOPMENT OPPORTUNITY! Extensively renovated income-producing property on a secure 0.5-acre lot offering approx. 6,200 sqft of total space and excellent future upside. Currently configured with 3 self-contained living spaces, each with its own kitchen, laundry, bathroom & HRV, plus 2,000+ sqft of shop/storage space. Development Permit APPROVED for 4 units, creating additional income and redevelopment potential. Over $300,000 in hard costs invested in the last 5 years including 400-AMP service, new plumbing, roof, metal siding, windows, insulation, drywall, kitchens, bathrooms, heat pumps, Navien hot water on demand & 19.8kW solar system. Features 10' ceilings, sound insulation between suites, heated/cooled garage, RV sani-dump & 30-AMP service, multiple garage doors and extensive parking. Two suites currently generate approx. $3,410/month combined. A rare turn-key investment with strong existing income and significant future potential.

Description

INVESTMENT & REDEVELOPMENT OPPORTUNITY! Extensively renovated income-producing property on a secure 0.5-acre lot offering approx. 6,200 sqft of total space and excellent future upside. Currently configured with 3 self-contained living spaces, each with its own kitchen, laundry, bathroom & HRV, plus 2,000+ sqft of shop/storage space. Development Permit APPROVED for 4 units, creating additional income and redevelopment potential. Over $300,000 in hard costs invested in the last 5 years including 400-AMP service, new plumbing, roof, metal siding, windows, insulation, drywall, kitchens, bathrooms, heat pumps, Navien hot water on demand & 19.8kW solar system. Features 10' ceilings, sound insulation between suites, heated/cooled garage, RV sani-dump & 30-AMP service, multiple garage doors and extensive parking. Two suites currently generate approx. $3,410/month combined. A rare turn-key investment with strong existing income and significant future potential.

General Info


MLS Listing ID: 10398751 Bedrooms: 5 Bathrooms: 3 Year Built: 1963
Parking: N/A Heating: Forced air, Heat Pump Lotsize: 0.52 ac|under 1 acre Air Conditioning : N/A
Home Style: N/A Finished Floor Area: Ceramic Tile, Heavy loading, Laminate, Mixed Flooring Fireplaces: N/A Basement: Full

Amenities/Features


  • Level lot
  • Central island

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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 .