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861 Martin Avenue
Kelowna British Columbia V1Y6V4 Canada

$1,175,000

Active Listing ID 10310424
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5 bed
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2,480 square feet
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4.00 Bath
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Single Family

$1,175,000

Active Listing ID 10310424
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861 Martin Avenue House and Carriage house on a large MF1 zoned lot. This is an investor/developer's dream property. It has strong holding power right now as well as great development potential in the future in an ideal location to maximize your investment now and later. The oversized, 55 ft x 135 ft lot with alley access (.17 acres or 7, 425 sqft) allows a developer to build bigger than average units in a future 4 plex or 6-plex that can be sold for more when finished. It would also allow for 2 duplexes instead of 1 fourplex to be built, similar to what was done across the street. In the meantime, the main home and carriage house are bringing in good rental income with great tenants until the time is right to start your development project. Like I said, this is an investor/developers dream property to purchase. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Wall unit
  • Exterior Finish: Stucco, Wood siding, Composite Siding
  • Floor Covering: Tile, Hardwood, Carpeted, Ceramic Tile, Vinyl
  • Roof Type: Asphalt shingle, Unknown
  • Heating Systems: Baseboard heaters, Forced air, Electric, See remarks
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 4/19/2024 5:55:17 PM GMT
Source Updated Date: 4/24/2024 5:30:12 AM GMT

Courtesy of: MattGlen, Salesperson, Century 21 Assurance Realty Ltd

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