250-351-4617 info@karinjefferies.ca


LOADING

175 Nickel Road, Kelowna, British Columbia V1X 4E5

10 Bedroom 8 Bathroom 4000 sqft
Ground Level Entry Central Air Conditioning Baseboard Heaters, Forced Air Landscaped, Garden Area, Fully Landscaped

$1,099,900

Attention Investors!!!! This is a fantastic rental property with a 4.8% cap rate even though all tenants are paying well below market rents (upwards of 6% cap would be achieved at market rents). Full side-by-side duplex with self-contained 2bed/2bath suites on both sides. Excellent holding property or a great way to turn a quick profit by stratifying and selling both sides separately. This property is generating 4 income streams and netting upwards of $53k/yr. Potential to stratify the property and realize immediate equity appreciation as well. Currently fully rented to long term quality tenants who would love to stay. Property is minutes to all shopping amenities and walking distance to the direct bus route to UBCO and has tons of parking. 3 beds up with 2 baths, and 2 bed with 2 baths down, on each side. This is the low hassle, cash flow holding property you have been waiting for. VIRTUAL TOUR: https://my.matterport.com/show/?m=775pD6ndJSX (id:29266)

Property Details

MLS® Number 10223959
Property Type Single Family
Neigbourhood Rutland North
Amenities Near By Golf Course, Shopping, Schools, Park, Public Transit
Features Central Location, Balcony, Level
Parking Space Total 8

Building

Bathroom Total 8
Bedrooms Total 10
Appliances Dryer - Electric, Refrigerator, Washer, Range - Electric, Dishwasher
Architectural Style Ground Level Entry
Basement Development Finished
Basement Features Separate Entrance, Walk-up
Basement Type Full (finished)
Constructed Date 1993
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Fire Protection Smoke Detectors
Flooring Type Ceramic Tile, Carpeted, Laminate, Vinyl
Foundation Type Concrete
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Roof Material Asphalt Shingle
Roof Style Conventional
Size Interior 4000 Sqft
Type Duplex
Utility Water Municipal Water

Parking

Attached Garage 1

Land

Access Type Easy Access
Acreage No
Land Amenities Golf Course, Shopping, Schools, Park, Public Transit
Landscape Features Landscaped, Garden Area, Fully Landscaped
Sewer Municipal Sewage System
Size Irregular 0.18
Size Total 0.18 Ac|under 1 Acre
Size Total Text 0.18 Ac|under 1 Acre

Rooms

Level Type Dimensions
Second Level Primary Bedroom 12 ft x 10 ft
Second Level Living Room 11 ft x 9 ft
Second Level Dining Room 10 ft x 9 ft
Second Level Kitchen 13 ft x 9 ft
Second Level Full Ensuite Bathroom
Second Level Bedroom 10 ft x 9 ft
Second Level Bedroom 10 ft x 9 ft
Second Level Full Bathroom
Second Level Kitchen 13 ft x 9 ft
Second Level Dining Room 10 ft x 9 ft
Second Level Living Room 11 ft x 9 ft
Second Level Primary Bedroom 12 ft x 10 ft
Second Level Full Ensuite Bathroom
Second Level Bedroom 10 ft x 9 ft
Second Level Bedroom 10 ft x 9 ft
Second Level Full Bathroom
Main Level Kitchen 5 ft x 7 ft
Main Level Living Room 10 ft x 12 ft
Main Level Primary Bedroom 9 ft x 9 ft
Main Level Full Ensuite Bathroom
Main Level Bedroom 9 ft x 9 ft
Main Level Full Bathroom
Main Level Kitchen 5 ft x 7 ft
Main Level Living Room 10 ft x 12 ft
Main Level Primary Bedroom 9 ft x 9 ft
Main Level Full Ensuite Bathroom
Main Level Bedroom 9 ft x 9 ft
Main Level Full Bathroom

https://www.realtor.ca/real-estate/22812757/175-nickel-road-kelowna-rutland-north

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Kattlin Stass

(250) 515-2649
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