564, 576 & 580 Ellis Street, Penticton, British Columbia V2A 4M3

Listed for:
$3,599,000
0 beds
0 baths
Listed 189 days ago
Multi-Family for rent: 564, 576 & 580 Ellis Street, Penticton, British Columbia V2A 4M3

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Learn more about this property
Listing provided by:
Chamberlain Property Group
MLS® number:
10324014
Agent:
Kirk Chamberlain
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About

564, 576, 580 Ellis Street – For Sale as a Single Property. Urban, contemporary, and funky! Located just one block off Main Street in downtown, these 12 highly sought-after rental units offer a diverse mix: 3 ground-floor suites with 1 bedroom and 1 bath, 3 ground-floor suites with 2 bedrooms and 1 bath, and 6 two-story upper units with 3 bedrooms and 2 baths each. Each unit features its own private entrance, 6 appliances, stylish window coverings, and trendy interiors. All units come with private laundry facilities, hot water tanks, and balconies (except ground-floor suites). Parking is available via lane access and resident street parking with a permit. The property is professionally managed, well maintained, and benefits from a solid tenant mix with strong potential for growth as units turnover. Additionally, it is currently pet-friendly. With Penticton’s historically low vacancy rate of around 1%, this property represents a lucrative investment opportunity. (id:27476)

Property Highlights

MLS® Number
10324014
Type
Multi-family
Ownership Type
Freehold
Land Size
0.23 ac|under 1 acre
Parking Space Total
9

Building

Building Type
Multi-Family
Storeys
3.00
Square Footage
10350 sqft
Amenities
Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski area
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location