- ©MLS 10392402
- Area 2212 sq ft
- Bedrooms 5
- Bathrooms 2
- Parkings 6
Description
Exceptional investment opportunity in one of Penticton's most convenient locations! Situated on a flat 0.19-acre (approximately 8,200 sq. ft.) lot with valuable lane access, this income-producing property generates approximately $6,000 per month in rental revenue. The property includes a beautifully built 2022 carriage home, protected by its new home warranty, and a well-maintained 3-bedroom, 1-bath Main home with updated vinyl siding, gutters, and a spacious 4-foot crawl space for added storage. Separate electrical and gas meters, a new privacy fence between the homes, and low-maintenance xeriscaping make this an ideal investment. The carriage home also features a ductless heating and cooling system and on-demand hot water. Whether you're looking to expand your investment portfolio, secure a holding property with future development potential, or live in one home while generating rental income from the other, this property offers exceptional flexibility. Just a short walk to downtown Penticton, you'll enjoy easy access to restaurants, breweries, shopping, parks, and the waterfront. Okanagan College and Kings Park are both nearby, making this an attractive option for students, families, and investors alike. A rare opportunity to secure a versatile, income-producing property in a highly desirable location. (id:48970) Show More
Details
- Constructed Date: 1955
- Property Type: Single Family
- Type: House
- Architectural Style: Bungalow, Other
- Neighbourhood: Main North
Ammenities + Nearby
- Park
- Park
Features
- Level lot
- Mountain view
- Range
- Refrigerator
- Dryer
- Washer
- Central air conditioning
- Wall unit
- Forced air
- See remarks
Rooms Details For 1030 TIMMINS Street
| Type | Level | Dimension |
|---|---|---|
| 4pc Bathroom | Second level | 7'8'' x 8'8'' |
| Bedroom | Second level | 11'5'' x 10'1'' |
| Primary Bedroom | Second level | 11'4'' x 10'11'' |
| Kitchen | Second level | 16'3'' x 13'3'' |
| Living room | Second level | 16'2'' x 11'4'' |
| 4pc Bathroom | Main level | 6'7'' x 4'10'' |
| Living room | Main level | 11'2'' x 15'9'' |
| Dining room | Main level | 5'11'' x 7'3'' |
| Kitchen | Main level | 15'5'' x 9' |
| Primary Bedroom | Main level | 10'6'' x 10'3'' |
| Bedroom | Main level | 7'7'' x 10'4'' |
| Bedroom | Main level | 9'11'' x 11'1'' |
| Laundry room | Main level | 7'4'' x 11'2'' |
| Foyer | Main level | 6'6'' x 8'7'' |
Location
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Data provided by: Okanagan-Mainline Real Estate Board