Overview
Price
$799,000
Bedrooms
3
Bathrooms
1
Square Footage
2,066 sqft
About this House in Main North
Exceptional 8-Unit Development Opportunity on Government Street. This prime property presents an excellent opportunity for developers or investors, with preliminary designs in place for two 4-plex development sites (8 units total). Conveniently located near the hospital, IGA, and public transit, the site offers both accessibility and strong future growth potential. Currently, the property features a home that is rented for $1,700 per month plus utilities, providing holding in…come while you plan your project. With the groundwork already underway and preliminary designs available, this is an ideal chance to move forward with a profitable development in a sought-after area. Whether you’re looking to build and sell, hold as a rental investment, or add to your portfolio, this property offers flexibility and strong upside. (id:14735)
Listed by RE/MAX Penticton Realty/Homelife Benchmark Titus Realty.
Exceptional 8-Unit Development Opportunity on Government Street. This prime property presents an excellent opportunity for developers or investors, with preliminary designs in place for two 4-plex development sites (8 units total). Conveniently located near the hospital, IGA, and public transit, the site offers both accessibility and strong future growth potential. Currently, the property features a home that is rented for $1,700 per month plus utilities, providing holding income while you plan your project. With the groundwork already underway and preliminary designs available, this is an ideal chance to move forward with a profitable development in a sought-after area. Whether you’re looking to build and sell, hold as a rental investment, or add to your portfolio, this property offers flexibility and strong upside. (id:14735)
Listed by RE/MAX Penticton Realty/Homelife Benchmark Titus Realty.
Brought to you by your friendly REALTORS® through the MLS® System and OMREB (Okanagan Mainland Real Estate Board), courtesy of Gary Judge for your convenience.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
More Details
- MLS®: 10361847
- Bedrooms: 3
- Bathrooms: 1
- Type: House
- Square Feet: 2,066 sqft
- Lot Size: 0 acres
- Full Baths: 1
- Half Baths: 0
- Parking: 2 (, Other)
- Fireplaces: 1 Gas
- Storeys: 1 storeys
- Year Built: 1930
Rooms And Dimensions
- Storage: 12'0'' x 14'0''
- Other: 20'0'' x 12'0''
- Living room: 26'6'' x 13'4''
- Kitchen: 9'0'' x 17'8''
Get in touch with JUDGE Team
250.899.3101Location and Amenities
Amenities Near 1266 Government Street
Main North, Penticton
Here is a brief summary of some amenities close to this listing (1266 Government Street, Main North, Penticton), such as schools, parks & recreation centres and public transit.
This 3rd party neighbourhood widget is powered by HoodQ, and the accuracy is not guaranteed. Nearby amenities are subject to changes and closures. Buyer to verify all details.
