861 Martin Avenue, Kelowna, British Columbia V1Y6V4
Contact us about this property
Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.Not available
Price/Sqft$473/sqft
Est. Mortgage$5,046/mo
Tax Amount ()-
Days On Market277 days
Description
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:39198)
Property Details
Interior
Features
Third level Floor
Kitchen
17'9'' x 11'5''Full bathroom
12'8'' x 8'10''Bedroom
12'8'' x 13'Living room
17'9'' x 13'Exterior
Features
Parking
Garage spaces 4
Garage type See Remarks
Other parking spaces 0
Total parking spaces 4
Property History
39
