520 Westminster Avenue W Active Save Request In-Person Tour Request Virtual Tour
Penticton,BC V2A1K6
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 7,350 sqft
Price per Sqft $173
Subdivision Main North
MLS Listing ID 10324057
Year Built 1975
Lot Size 6,098 Sqft
Property Description
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:24570)
Location
Province BC
Zoning Residential
Interior
Heating Baseboard heaters,
Cooling Wall unit
Exterior
Garage No
Waterfront No
View Y/N No
Building
Story 2.5
Sewer Municipal sewage system