543 DESMOND STREET, Kamloops, British Columbia V2B5J9

Turn-key income property offering positive cash flow and exceptional tenant stability. This detached home features two self-contained suites generating $4,630/month in rental income. Upper suite (3 bed + den, 1.5 bath) rented at $2,455 + 65% utilities to tenants who have occupied the suite for over a year and recently committed to a long-term renewal. Lower suite (2 bed + den, 1 bath) rented at $2,175/month to tenants of over four years. All major mechanical upgrades have been completed, including a Lennox high-efficiency furnace (2023), central air conditioning (2022), and hot water tank replaced Dec. 2024. The home features a metal roof and has seen numerous cosmetic improvements over the past five years, resulting in a well-maintained property with no capital or cosmetic upgrades required. Additional highlights include underground sprinklers and a well-maintained yard, with exterior care handled by the tenants, contributing to low ongoing maintenance. Situated in a quiet residential area just one block from Brock Shopping Plaza, offering convenient access to shopping and amenities. A low-maintenance investment with strong tenant history and consistent cash flow. (id:39198)

Inclusions: Refrigerator, Dishwasher, Range, Cooktop, Washer & Dryer