Pamela Hanson PREC* | 250-486-1119 (cell) | pamhanson@remax.net
Heather Smith Licensed Realtor | 250-486-7126 (cell) | hsmith@remax.net
520 Westminster Avenue W Penticton, British Columbia V2A 1K6
Interested?
Contact us for more information
$1,399,000
Westminster Apartments consists of 9 units, there are 6-TWO bedroom and 3-ONE bedroom units. Close to Okanagan Lake and Beach, downtown shopping, and endless restaurants within walking distance! Long-term tenants with most living at the complex for 10+ years, so the current rents are low and there is a positive upside that they could be increased over time. The current annual gross rent revenue is $95,500. The building is a little tired and requires a little work! The 2024 assessment value is $1,503,000. Only asking $155,444 per unit. (id:52811)
Property Details
| MLS® Number | 10324057 |
| Property Type | Multi-family |
| Neigbourhood | Main North |
| Parking Space Total | 5 |
Building
| Appliances | Refrigerator, Range - Electric |
| Constructed Date | 1975 |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick, Stucco |
| Fire Protection | Smoke Detector Only |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Size Interior | 7350 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.14 |
| Size Total | 0.14 Ac|under 1 Acre |
| Size Total Text | 0.14 Ac|under 1 Acre |
| Zoning Type | Residential |
https://www.realtor.ca/real-estate/27421445/520-westminster-avenue-w-penticton-main-north
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September 16 2024 08:41:50
Okanagan-Mainline Real Estate Board
Royal LePage Locations West