861 Martin Avenue, Kelowna, British Columbia

$1,175,000

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5

Beds

4

Baths

2,480

Square feet

0.17

Acres

About 861 Martin Avenue

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:6289)

Features of 861 Martin Avenue

Listing # 10310424
Price $1,175,000
Bedrooms 5
Bathrooms 4.00
Half Baths 1
Square Footage 2,480
Acres 0.17
Year Built 1960
Type Single Family
Sub-Type Freehold
Style Split level entry

Community Information

Address 861 Martin Avenue
Subdivision Kelowna North
City Kelowna
Province British Columbia
Postal Code V1Y6V4

Amenities

Amenities Park, Recreation, Schools, Shopping
Features Level lot, Private setting
Parking Spaces 4
Parking See Remarks
View Mountain view
Is Waterfront No
Has Pool No

Interior

Heating Electric Baseboard heaters, Forced air, See remarks
Cooling Wall unit
Fireplace Yes
# of Stories 3
Has Basement No

Exterior

Exterior Stucco, Wood siding, Composite Siding
Exterior Features Landscaped, Level
Roof Asphalt shingle

Additional Information

Zoning Unknown

Listing Details

OfficeCentury 21 Assurance Realty Ltd

Listing Map

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