$1,175,000

ID# 10310424

861 Martin Avenue
Kelowna, British Columbia V1Y6V4

House and Carriage house on a large MF1 zoned lot. This is an investor/developer's dream property. It has strong holding power right now as well as great development potential in the future in an ideal location to maximize your investment now and later. The oversized, 55 ft x 135 ft lot with alley access (.17 acres or 7,425 sqft) allows a developer to build bigger than average units in a future 4 plex or 6-plex that can be sold for more when finished. It would also allow for 2 duplexes instead of 1 fourplex to be built, similar to what was done across the street. In the meantime, the main home and carriage house are bringing in good rental income with great tenants until the time is right to start your development project. Like I said, this is an investor/developers dream property to purchase. (id:3942)

Courtesy of Century 21 Assurance Realty Ltd

Listed on: April 18, 2024

On market: 26 days

Bathroom Total	4
Bedrooms Total	5
Half Bathrooms Total	1
Year Built	1960
Cooling Type	Wall unit
Flooring Type	Carpeted, Ceramic Tile, Hardwood, Tile, Vinyl
Heating Type	Baseboard heaters, Forced air, See remarks
Heating Fuel	Electric
Stories Total	3

Full bathroom	Second level	6'5'' x 7'10''
Bedroom	Second level	12'1'' x 8'11''
Primary Bedroom	Second level	15'4'' x 11'1''
Living room	Third level	17'9'' x 13'
Kitchen	Third level	17'9'' x 11'5''
Full bathroom	Third level	12'8'' x 8'10''
Bedroom	Third level	12'8'' x 13'
Full bathroom	Fourth level	11' x 9'10''
Primary Bedroom	Fourth level	12'8'' x 11'10''
Partial bathroom	Basement	15'4'' x 13'3''
Bedroom	Basement	12'11'' x 13'4''
Kitchen	Main level	13'8'' x 9'10''
Dining room	Main level	8'10'' x 14'10''
Living room	Main level	18'5'' x 13'4''

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GREG KILMARTIN

SALES REPRESENTATIVE

Office: (250) 860-1100

greg.kilmartin@yahoo.ca

Royal LePage Kelowna

#1 – 1890 Cooper Road

Kelowna, BC V1Y 8B7

Phone: (250) 860-1100

Toll Free: (800) 421-3214

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861 Martin Avenue Kelowna, British Columbia V1Y6V4

861 Martin Avenue
Kelowna, British Columbia V1Y6V4