$1,825,000
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1491 Government Street, Penticton, BC V2A4V9

Well-maintained and upgraded 11-unit apartment building located in a prime location, just across the street from the newly renovated Penticton Hospital and within walking distance to amenities and Penticton Main Street. The building features 7 bright and open studios and 4 one-bedrooms, all well-maintained and highlighted by exposed structural wood beams. Additionally, there is a coin-operated laundry area and locker storage for tenants. The hallways are welcoming, clean and bright. Each unit has its own separate electrical meter, with utilities paid by the tenants. The net operating income (NOI) has been accurately accounted for, including the expense of management costs and a small vacancy factor, resulting in a 5.2% capitalization rate, making it one of the best-priced multi-family investments in Penticton. Qualified buyers and agents with commercial real estate experience are welcome to inquire. Two units will be shown upon request to qualified parties, with the remaining units available for inspection after entering into an acceptable offer is made. (id:55598)

  • MLS® 10321498
  • Date Listed08/07/2024
  • Days on Realty 129 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Public Sewer
  • Subdivision Main North
  • Property Type Mixed Use
  • Year Built 1964
  • Water Public

Interior Features

  • Cooling Wall Unit
  • Heating Radiant Heat, Electric

Exterior / Lot Features

  • Roof Other
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Landscaped, Level

Sales & Tax History

Source: Public Records

Walkability in BC / V2A4V9

Source: Walkscore

71/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

66/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 25/100, Transit Score: 0/100, Bike Score: 33/100.

Points of interest near 1491 Government Street, Penticton, BC V2A4V9

Frequently Asked Questions for 1491 Government Street

Source: Realty.com

1491 Government Street, Penticton, BC V2A4V9 is a Mixed Use, Other property listed for $1,825,000 The property is 0 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 26 photos of 1491 Government Street.

Our records indicate that 1491 Government Street was built in 1964.

The full address for this home is 1491 Government Street, Penticton, BC V2A4V9.

1491 Government Street has been listed on Realty.com since Wed August 07, 2024

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 25/100, Transit Score: 0/100, Bike Score: 33/100.

Listing provided courtesy of: RE/MAX Penticton Realty (tel: (250) 492-2266)
Listing agent: John Green (tel: (250) 486-5353)

This content last refreshed on 2024-12-14 11:56:56. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 1491 Government Street, Penticton, BC V2A4V9 : MLS® 10321498