120 & 124 Calgary Avenue, Penticton, BC
6,004 ft²Multifamily$2,950,000Sale
6,004 ft²
Multifamily
$2,950,000
Sale
Investment opportunity in central PENTICTON! This 2018-built FOUR-PLEX, comprising two full duplexes with legal suites, offers two 2-bed/2-bath units and two 1-bed/1-bath units, each with in-suite laundry and separate metering. Featuring quality construction with modern layouts, custom cabinetry, and energy-efficient heat pump systems, this property is centrally located near Safeway, Starbucks, Shoppers Drug Mart, and BC Liquor Stores, with designated parking. With Penticton's low vacancy rates, expect a solid CAP rate. Whether investing solo, with partners or considering living in one unit while renting out the others, this opportunity is yours to seize. 120 & 124 Calgary must be purchased together.
The Space
Asking Price$2,950,000
Available Space6,004 ft²
Net Operating Income$117439
Property UseMulti family
Cap Rate4%
Year Built2018
Parking Spaces8
SourceDirect
The Building
Investment opportunity in central PENTICTON! This 2018-built FOUR-PLEX, comprising two full duplexes with legal suites, offers two 2-bed/2-bath units and two 1-bed/1-bath units, each with in-suite laundry and separate metering. Featuring quality construction with modern layouts, custom cabinetry, and energy-efficient heat pump systems, this property is centrally located near Safeway, Starbucks, Shoppers Drug Mart, and BC Liquor Stores, with designated parking. With Penticton's low vacancy rates, expect a solid CAP rate. Whether investing solo, with partners or considering living in one unit while renting out the others, this opportunity is yours to seize. 120 & 124 Calgary must be purchased together.
Property TypeMultifamily
Floors2
Building Size6,004 ft²
Lot Size914,760 ft²
Cap Rate4%
Year Built2018
Parking Spaces4