Grewal
104 - 399 Main Street
Penticton, BC
Canada V2A 5B7
Details
Room Sizes (4,770 Sqft)
Main Floor | |
---|---|
Floor Sqft | 2,400 |
Workshop | 60 x 40 |
Lower Floor | |
---|---|
Floor Sqft | 970 |
Kitchen | 12 x 13 |
Living Room | 10 x 13 |
Bedroom | 9 x 10 |
Bathroom | Full Bath |
Bedroom | 6’6” x 8 |
Other Floor | |
---|---|
Floor Sqft | 1,400 |
Kitchen | 12 x 15 |
Living Room | 13 x 16 |
Dining Room | 8 x 13 |
Bedroom | 9’8” x 10 |
Bedroom | 9’8” x 10 |
Master Bedroom | 9’6” x 14’8” |
Laundry | 6 x 11 |
Bathroom | Full Bath |
Ensuite | Full Bath |
Address | 6142 Highway 3a |
Area | Nelson Rural |
Sub Area | Kokanee Creek to Balfour |
State/Province | British Columbia |
Country | Canada |
Price | $1,245,000 |
Property Type | Single Family |
Bedrooms | 5 |
Bathrooms | 3 |
Floor Space | 4770 Square Feet |
Lot Size | 2.52 Acres |
Waterfront | No |
Year Built | 2021 |
Taxes | $3,556 |
Tax Year | 2023 |
MLS® # | 2475403 |
Welcome to an exceptional investment property opportunity that offers a high potential for generating a stable income and appreciation in value. Situated on 2.5 acres of land, this property is located in a highly sought-after location, with direct highway access and exposure. The property includes 2 modular homes and 2 sleeping cabins and offers potential for increasing infrastructure, making it an ideal rental income property. The properties are designed with modern amenities and tasteful finishes that offer a comfortable living experience. In addition to the residential units, the property features a 40X60 insulated workshop with an office, storage, workshop, band stage for rainy day parties, with water and a bathroom with its own septic system. This multi-functional space provides endless possibilities for commercial and personal use, making it a perfect spot for hosting events and activities and storing all of your toys and equipment. This land is un-zoned, providing endless opportunities for further development and generating additional income. The property could be used for various purposes, such as residential, farming, recreational activities, or more commercial ventures. With a ROI of approx 6%, this investment property opportunity is a sound investment that promises a steady cash flow and potential appreciation in value. Do not miss out on this chance to own a valuable asset that offers flexibility, versatility, and potential for growth. There is not a thru road. Adjacent property MLS#2477137 is aslo for sale.
Listed by eXp Realty
Location
About
Born and raised in Penticton, Paul spent his childhood summers working with his family on their Naramata orchard.
After high school, Paul tackled his first agricultural project – his own 18-acre orchard on the Naramata Bench. Paul’s passion was ignited and he has remained true to that passion, becoming a local expert in orchard and vineyard properties.
Earlier in his career, with a degree in business and a focus on marketing, he integrated another passion, riding. With the help of a good friend, Freedom Bike Shop was born. After more than a decade selling, riding and fixing bikes, Paul met amazing people with even more amazing stories of how the little shop impacted their lives. Cycling is a focal point of Paul’s life.
Paul’s is a diverse real estate agent – able to work comfortably with home buyers, talk intelligently about orchards, vineyards and wineries, and understanding the complexities of commercial real estate and business sales. He has lived it all and understands real estate from the inside out.