3 Bedrooms

2 Bathrooms

1,519 sqft

$685,000

Exceptional investment situated on 0.92 acres (40,000 sq ft) with 200 feet of prime Highway 97A frontage, and two legal PIDs!! This is your opportunity to get into the market in the up and coming city of Enderby. Secure a solid, income-producing property with immediate cash flow and strong future upside. Currently generating approximately 3.5% ROI, this well-maintained holding property offers both stability today and significant development potential for tomorrow. The City of Enderby has expressed interest in future C2 zoning (buyer to confirm), opening the door to a wide range of commercial and mixed-use development possibilities. The property currently has long-term tenants who would like to stay, providing dependable, low-maintenance income from day one and making this a truly turnkey investment. In addition to its strong income potential, the property offers scenic views of the iconic Enderby Cliffs, mature park-like landscaping with established fruit trees, and a circular driveway for convenient access. It also features a double detached carport with an attached workshop, a comfortable main residence with a large covered porch, and a fully serviced 440 sq ft studio that is ideal for additional rental income or flexible use. Listing photos are digitally staged, buyer should view to confirm. This is a rare opportunity to secure a high-exposure property with solid holding income and long-term development potential in a growing community. (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10401222
  Property Type	Single Family
  Neigbourhood	Enderby / Grindrod
  AmenitiesNearBy	Recreation, Schools, Shopping
  CommunityFeatures	Family Oriented, High Traffic Area
  Features	Private Setting, Treed
  ViewType	Mountain View, Valley View, View (panoramic)

• Building

  Bathroom Total	2
  Bedrooms Total	3
  Appliances	Refrigerator, Dryer, Range - Electric, Washer
  Architectural Style	Ranch
  Basement Type	Crawl Space, Cellar
  Constructed Date	1910
  Construction Style Attachment	Detached
  Cooling Type	See Remarks, Wall Unit
  Exterior Finish	Wood Siding
  Fireplace Present	Yes
  Fireplace Total	1
  Fireplace Type	Insert
  Flooring Type	Carpeted, Laminate, Vinyl
  Foundation Type	Block
  Heating Fuel	Electric
  Heating Type	Baseboard Heaters, Other, See Remarks
  Roof Material	Asphalt Shingle
  Roof Style	Unknown
  Stories Total	1
  Size Interior	1,519 Sqft
  Type	House
  Utility Water	Municipal Water

  Parking

  See Remarks
  Additional Parking
  Detached Garage	0

• Land

  Access Type	Easy Access, Highway Access
  Acreage	No
  Land Amenities	Recreation, Schools, Shopping
  Landscape Features	Landscaped
  Sewer	Municipal Sewage System
  Size Frontage	200 Ft
  Size Irregular	0.92
  Size Total	0.92 Ac|under 1 Acre
  Size Total Text	0.92 Ac|under 1 Acre

• Rooms

  Level	Type	Length	Width	Dimensions
  Basement	Other			10'0'' x 6'0''
  Main Level	Bedroom			6' x 12'
  Main Level	3pc Bathroom			7' x 6'
  Main Level	Workshop			11'0'' x 20'0''
  Main Level	Bedroom - Bachelor			14'0'' x 20'0''
  Main Level	Pantry			5'0'' x 4'0''
  Main Level	Laundry Room			12'0'' x 8'0''
  Main Level	3pc Bathroom			8'0'' x 6'0''
  Main Level	Bedroom			8'0'' x 15'0''
  Main Level	Bedroom			10'0'' x 12'0''
  Main Level	Living Room			16'0'' x 16'0''
  Main Level	Dining Room			10'0'' x 8'0''
  Main Level	Kitchen			11'0'' x 16'0''