- ©MLS 10389888
- Area 2001 sq ft
- Bedrooms 5
- Bathrooms 3
- Parkings 3
Description
INVESTMENT OPPORTUNITY WITH THREE INCOME-GENERATING UNITS! Welcome to 524 Spokane Street, a rare turn-key multi-family investment property offering flexibility, strong rental potential, and a highly desirable central location. Whether you’re looking to expand your investment portfolio or live in one unit while generating income from the others, this property presents an exceptional opportunity. This well-maintained building features three separate self-contained units, each with its own unique appeal. The upper-level Unit 3 is a bright bachelor suite, ideal for a single tenant seeking an affordable and convenient living space. The main-floor unit offers 2 bedrooms and 1 bathroom, complete with direct access to the backyard, creating an attractive option for long-term tenants. The lower-level unit features 2 bedrooms, 1 bathroom, and ground-level entry, providing comfortable and functional living with excellent accessibility. Adding to the property’s value is additional storage space available for tenants. The building has been well cared for over the years, allowing a new owner to step in with confidence and begin generating income immediately. Convenience, flexibility, and income potential come together in one attractive package. Properties offering three separate units in such a desirable location are increasingly difficult to find. Whether you’re a seasoned investor or entering the rental market for the first time, this is an opportunity worth exploring. (id:48970) Show More
Details
- Constructed Date: 1919
- Property Type: Single Family
- Type: Triplex
- Neighbourhood: Trail
Features
- Baseboard heaters
Rooms Details For 542 SPOKANE Street
| Type | Level | Dimension |
|---|---|---|
| 4pc Bathroom | Second level | Measurements not available |
| Bedroom | Second level | 9'6'' x 10'5'' |
| Living room | Second level | 11'2'' x 10'5'' |
| Kitchen | Second level | 9'10'' x 8'7'' |
| Bedroom | Basement | 10' x 5' |
| Storage | Basement | 17'5'' x 12'2'' |
| Utility room | Basement | 8'5'' x 9'1'' |
| 4pc Bathroom | Basement | Measurements not available |
| Bedroom | Basement | 10'8'' x 12'8'' |
| Living room | Basement | 8'10'' x 12'4'' |
| Kitchen | Basement | 9'5'' x 9'4'' |
| Foyer | Main level | 5'6'' x 21'4'' |
| 4pc Bathroom | Main level | Measurements not available |
| Bedroom | Main level | 8'4'' x 9'5'' |
| Primary Bedroom | Main level | 10'2'' x 9'5'' |
| Living room | Main level | 10'6'' x 19'6'' |
| Kitchen | Main level | 13'2'' x 11'1'' |
Location
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Data provided by: Okanagan-Mainline Real Estate Board