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631 Burns Street, Penticton | $1,428,000

An excellent opportunity to acquire a well-located six-unit apartment building in the heart of downtown Penticton. This three-storey, walk-up building features six one-bedroom rental units, offering a desirable mix of location, convenience, and income potential. This mid century building offers the character and practical layout of a classic apartment building, with off-street parking and coin-operated laundry facilities for added tenant convenience. The location is a standout feature, with an exceptionally walkable downtown setting. Residents are just minutes from a wide variety of restaurants, pubs, shopping, schools, public transit, and everyday amenities. The property is also conveniently located near Penticton's vibrant downtown core and the many recreational and lifestyle amenities the city has to offer. With six one-bedroom units in a highly desirable rental location, this property presents an attractive opportunity for investors looking to add a multi-family asset to their portfolio or capitalize on the strong demand for centrally located rental housing in Penticton.

Description

An excellent opportunity to acquire a well-located six-unit apartment building in the heart of downtown Penticton. This three-storey, walk-up building features six one-bedroom rental units, offering a desirable mix of location, convenience, and income potential. This mid century building offers the character and practical layout of a classic apartment building, with off-street parking and coin-operated laundry facilities for added tenant convenience. The location is a standout feature, with an exceptionally walkable downtown setting. Residents are just minutes from a wide variety of restaurants, pubs, shopping, schools, public transit, and everyday amenities. The property is also conveniently located near Penticton's vibrant downtown core and the many recreational and lifestyle amenities the city has to offer. With six one-bedroom units in a highly desirable rental location, this property presents an attractive opportunity for investors looking to add a multi-family asset to their portfolio or capitalize on the strong demand for centrally located rental housing in Penticton.

General Info


MLS Listing ID: 10402133 Bedrooms: 0 Bathrooms: 0 Year Built: 1968
Parking: Rear Heating: Baseboard heaters Lotsize: 0.14 ac|under 1 acre Air Conditioning : N/A

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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 .