$1,650,000 | N/A Kelowna Fourplex for Sale at 1287-1289 Lawrence Avenue Kelowna

Explore 1287-1289 Lawrence Avenue, a Desirable N/A home for sale for $1,650,000! This N/A Split level entry Fourplex for sale in Kelowna has been listed on Real-Estate.ca for 92 days under MLS® #10350722. It has had a $275,000 price change under this MLS#. This home is a 4,018 square foot Split level entry Fourplex built in 1960 with 8 bedrooms and 4.00 bathrooms. Parking is Other, Oversize, Rear, Street. Explore the Kelowna real estate market and available N/A homes for sale!

This rare 4-plex has all the things going for it that investors want such as a location that tenants love, loads of parking for their vehicles and toys and affordable rates. This proven revenue maker is well kept with many recent upgrades and improvements. As a result, tenants love it. They walk to eveything they need. Each unit has two bedrooms and one bathroom for a total of 8 bedrooms and 4 bathrooms, their own laundry ( 8 machines total) and their own heat. Each side is separately metered. $5,980 monthly revenue with one side paying half utilities and the other having it included in their rent. There is potential for rent upsizing over time so this could be an excellent holding property while rents rise. There is room for an additional 4-plex on the property or maybe even more density with more height. This combination of land and building in a great location is hard to beat. (id:6289)

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