6 Bedrooms

4 Bathrooms

3,978 sqft

$1,120,000

A unique opportunity in a sought-after Penticton location, this full duplex offers rental income, flexible living arrangements and future potential. Perched above the neighbourhood, the property enjoys city views with peekaboo lake views and an elevated setting that could offer even greater views with future redevelopment. One side is owner-occupied with living space upstairs and down, plus an in-law-style basement suite offering rental potential. The other side features separate upper and lower tenant accommodations, creating multiple income streams and flexibility for an investor or owner-occupier. R4-L zoning allows for small-scale multi-unit residential development, including up to four dwelling units and buildings up to three storeys above approved grade. The elevated position could provide an opportunity to maximize city and lake views with a thoughtfully designed future project. Existing rents are below market, offering potential for future upside. Major components have been updated, including the roof and heat pumps. Mature landscaping provides established character, with room to garden, entertain and make the grounds your own. Close to downtown Penticton, amenities, shopping, restaurants and the lake, this property offers plenty of options for investors, owner-occupiers or those looking toward future development. Zoning, suite status, development potential, measurements, setbacks, servicing and other development considerations should be verified by the buyer. (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10399671
  Property Type	Single Family
  Neigbourhood	Uplands/Redlands
  Features	Two Balconies
  ParkingSpaceTotal	4

• Building

  Bathroom Total	4
  Bedrooms Total	6
  Basement Type	Full
  Constructed Date	1969
  Construction Style Attachment	Semi-detached
  Cooling Type	Heat Pump
  Exterior Finish	Stucco
  Heating Type	Heat Pump
  Roof Material	Asphalt Shingle
  Roof Style	Unknown
  Stories Total	2
  Size Interior	3,978 Sqft
  Type	Duplex
  Utility Water	Municipal Water

• Land

  Acreage	No
  Landscape Features	Underground Sprinkler
  Sewer	Municipal Sewage System
  Size Irregular	0.26
  Size Total	0.26 Ac|under 1 Acre
  Size Total Text	0.26 Ac|under 1 Acre

• Rooms

  Level	Type	Length	Width	Dimensions
  Basement	Primary Bedroom			10'9'' x 16'6''
  Basement	Laundry Room			10'3'' x 13'0''
  Basement	Kitchen			17'4'' x 13'11''
  Basement	Family Room			15'0'' x 13'0''
  Basement	4pc Bathroom			10'2'' x 5'0''
  Basement	Recreation Room			12'0'' x 13'0''
  Basement	Primary Bedroom			10'11'' x 18'7''
  Basement	Laundry Room			10'2'' x 13'0''
  Basement	Kitchen			16'9'' x 13'0''
  Basement	3pc Bathroom			10'3'' x 5'2''
  Main Level	Living Room			17'4'' x 13'11''
  Main Level	Kitchen			11'9'' x 10'0''
  Main Level	Dining Room			11'9'' x 9'2''
  Main Level	Bedroom			10'5'' x 13'9''
  Main Level	Bedroom			11'9'' x 13'10''
  Main Level	4pc Bathroom			8'1'' x 5'0''
  Main Level	Living Room			17'5'' x 14'1''
  Main Level	Kitchen			11'9'' x 10'1''
  Main Level	Dining Room			11'10'' x 9'2''
  Main Level	Bedroom			10'4'' x 13'10''
  Main Level	Bedroom			11'10'' x 13'11''
  Main Level	4pc Bathroom			8'1'' x 5'0''