About 924 Fairview Road
Attention Investors and Developers check out this an incredible opportunity for you. Development permit approved for 7 - unit townhouse complex. Situated on a spacious 60 by 200 feet flat lot, this property stands out among other multi-family developments in the area. The approved plans include a combination of 1 fourplex and 1 triplex, offering a total of 7 units. Each unit spans approximately 1300 square feet and features a single-car garage. The location of this development is highly advantageous, with close proximity to downtown amenities, such as the Penticton library, high school, SOEC, and Casino. Additionally, there is a currently occupied 2-bedroom, 1-bathroom home on the property. This home generates rental income of $2000 per month, providing a steady cash flow while you await the building permits. For more detailed information, please contact the listing realtor. (id:6289)
924 Fairview Road, MLS#: 10361465 is located in the Main North neighborhood of Penticton, British Columbia, Postal Code: V2A5Y8. The Freehold home is 1,175 sq. ft. with 2 bedrooms and 1 bathrooms, along with 1 garages.
The Single Family Freehold property was constructed in 1954.
The property is currently listed at $799,000.
