1175-1179 Raymer Avenue

Kelowna South
Kelowna
British Columbia
Price:
$
1749000
Lot Area
0.22 acres
Bedrooms
8
Bathrooms
3
1175-1179 Raymer Avenue
Description

4 SUITES • $7,087/MONTH RENTAL INCOME • 0.22-ACRE MF1 LOT Well-maintained and thoughtfully upgraded, this fourplex offers an excellent investment opportunity with strong rental income, spacious suites and valuable future potential. Situated on a generous 0.22-acre MF1-zoned lot with convenient dual access from both Raymer Avenue and Bouvette Street, the property combines functionality with long-term upside. The building features four spacious 2-bedroom, 1-bathroom suites, each with its own private entrance and outdoor living area surrounded by generous green space. The upper suites are approximately 1,100 sq. ft. each, while the lower suites are approximately 1,000 sq. ft. each. All suites have been well cared for and thoughtfully upgraded. Tenants enjoy designated parking, on-site storage and convenient coin laundry, adding to the property's appeal and ease of management. Current rents total an impressive $7,087/month, with 1179A at $1,800, 1179B at $2,100, 1175A at $1,367 and 1175B at $1,820. With four established rental units, a large MF1-zoned lot, dual access and strong existing income, 1175–1179 Raymer Avenue is an attractive opportunity for investors looking for reliable cash flow and future potential in a desirable location. (id:65801)

MLS
10394668
Living Area (sqft)
4220
Heating
Baseboard heaters
Parking
Street
Parking Spots
8
Water Source
Municipal water
Sewer
Municipal sewage system
Roof
Tar & gravel
Flooring
Carpeted, Vinyl
Structure
Fourplex
Type
Residential
Year Built
1973
Annual Tax
8571
1749000
8571
Fourplex
10394668

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