$1,249,000
Rare 7.6% CAP Rate – Turn-Key Multi-Unit Powerhouse! Stop searching for the ""perfect"" investment—it just arrived. This massive multi-generational estate offers a rare combination of high-yield cash flow and premium 2023 renovations. Currently generating a staggering $9,200/month in rental income from students and professionals, this property is a great cash flow investment. The Layout: Main Residence: Spacious 9 Bedrooms / 5 Bathrooms, 4 kitchen home. Dual Suites: Two fully self-contained 2-Bedroom suites. Bonus Potential: A dedicated bachelor suite (plumbed/ready for easy bathroom install). The $250,000 Edge: Forget the typical ""run-down"" rental. This home was extensively updated in 2023. We’re talking a brand-new roof, modern bathrooms, fresh upstairs flooring, and professional landscaping. Prime Location: Situated in a quiet, safe Rutland North pocket right behind Pearson Elementary. It’s perfectly positioned on a major bus route to UBCO, ensuring your vacancy rate stays near zero. Whether you’re looking for a blue-chip addition to your portfolio or a multi-generational family home that pays for itself, this is it. PS: Windows and Furnace are original but in good working order. Measurements are from iGuide, if important, please re-measure. FURNITURE NEGOTIABLE (id:64133)
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Property Details
MLS® Number 10381211 Property Type Single Family Neigbourhood Rutland North AmenitiesNearBy Golf Nearby, Airport, Recreation, Schools, Shopping Features Level Lot ParkingSpaceTotal 12 ViewType City View, Mountain View, Valley View WaterFrontType Other -
Building
Bathroom Total 5 Bedrooms Total 9 Basement Type Full Constructed Date 1990 Construction Style Attachment Detached Cooling Type Central Air Conditioning Exterior Finish Vinyl Siding Fire Protection Smoke Detector Only Fireplace Present Yes Fireplace Total 1 Flooring Type Carpeted, Laminate, Wood Heating Type See Remarks Roof Material Asphalt Shingle Roof Style Unknown Stories Total 2 Size Interior 3,581 Sqft Type House Utility Water Irrigation District Parking
Additional Parking Attached Garage 2 -
Land
Access Type Easy Access Acreage No Fence Type Fence Land Amenities Golf Nearby, Airport, Recreation, Schools, Shopping Landscape Features Landscaped, Level Sewer Municipal Sewage System Size Frontage 61 Ft Size Irregular 0.21 Size Total 0.21 Ac|under 1 Acre Size Total Text 0.21 Ac|under 1 Acre -
Rooms
Level Type Length Width Dimensions Second Level Media 12'0'' x 21'0'' Second Level Full Bathroom 9'5'' x 7'6'' Second Level 3pc Ensuite Bath 4'0'' x 10'2'' Second Level Bedroom 11'6'' x 11'2'' Second Level Dining Room 10'10'' x 7'10'' Second Level Bedroom 25'8'' x 9'7'' Second Level Bedroom 12'10'' x 10'11'' Second Level Bedroom 9'5'' x 9'11'' Second Level Primary Bedroom 26'3'' x 12'10'' Second Level Bedroom 10'0'' x 17'5'' Second Level Living Room 12'10'' x 26'3'' Second Level Kitchen 10'10'' x 9'7'' Main Level Bedroom 11'7'' x 11'1'' Main Level 3pc Bathroom Measurements not available Main Level 3pc Ensuite Bath Measurements not available Main Level Kitchen 10'0'' x 10'0'' Main Level Full Bathroom 9'4'' x 8'3'' Main Level Laundry Room 9'10'' x 12'5'' Main Level Bedroom 9'4'' x 9'6'' Main Level Bedroom 12'10'' x 9'9''
Mark Gidden
Realtor/Founder
Lloyd Taverner
Realtor/Senior Partner
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April 04 2026 10:18:52
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