924 Fairview Road, Penticton, British Columbia V2A5Y8

$650,000
2
BD
1
BA
1,125
SqFt
List Price
$650,000
MLS® #
186709
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
2
Bathrooms
1
Living Area
1,125
Subdivision
Pe Main North

Property Description

Character house sitting on a valuable development site. Approx 60 x 200 = 12,240 square feet, total of .281 of an acre. Currently zoned RD1. City supports rezoning to RM3, allowing 4 - 7 units. Parking requirements must be considered along with any upzoning proposal. The property is sold as is, with the current zoning. There is no provision to wait for city approval to upzone, that will fall to the buyer. The area is already fully developed with multi-family housing all around. There's an 1175 square foot 2 bedroom, 1 bathroom house, with inlaid wood floors and a wood burning fireplace, along with some interior arches and period touches. Mechanical and laundry in the part basement. It would command rent in the $1900/month range. Fantastic flat site on the edge of downtown, on bus route, near the library with close proximity to SOEC and the hospital. Long term quality tenant leaves in February. Priced for immediate attention, please allow 48 hours for acceptance. (id:2579)

Additional Information

Ownership
Freehold
Heating Fuel
, Electric
Garage
Yes
Subdivision
Pe Main North
Construction Materials
Wood frame
Levels
1
Fireplace Features
Conventional
Country
Canada
Sewer
Municipal sewage system
Frontage Length
60 ft
Roof
Unknown
Community Features
High Traffic Area
Heating
Other,
Fireplace Fuel
Wood
Stories
1
Attached Garage
Yes

Listing courtesy of ROYAL LEPAGE LOCATIONS WEST.

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