$1,149,999
Description
For more information & Photos go to PROPERTYGUYS and enter ID #93547
If you are in the market for an investment property in the Okanagan, it is hard to beat the benefits of this non conforming 5 plex.
This fantastic home is separated into 5 self contained units all with separate entrances and 4 of the 5 suites show like new. There are three 1 bedroom units, one 2 bedroom unit, and one bachelor suite. All suites have AC units installed, brand new hot water tanks, and are on separate meters with 400amp service to the building. Currently there is huge demand for rentals and each suite is tenanted with a total annual revenue of approximately $90,000!
Residential mortgage available, option to be residential or commercial. You will love the large flat lot with plenty of on site parking for all suites and municipal services for peace of mind. Centrally located on a good street with limited thru traffic, close to all amenities of Enderby. Walking distance to nearby school and close to the river walk. The home is on the same block as the laundromat, grocery store, restaurants and downtown core. Just a 20 minute drive to Vernon and 15 minutes to Salmon arm.
The list of updates and improvements is ubiquitous throughout the building and within the units. There is new electrical, new plumbing, new insulation, new flooring, new baseboards, and new appliances. Most windows have been replaced and asbestos abatement has been completed. There is plenty of room in the fully fenced private backyard for a new garage or shop if desired and there is a paved driveway along one side of the property.
UNIT ONE FEATURES:
- Renovated, shows like new
- Open concept
- 1 bedroom, 1 bath (3 piece)
- Kitchen and Dining
- Beautiful mountain views
UNIT TWO FEATURES:
- Renovated, shows like new
- Bachelor suite
- 1 bath (3-piece)
- Kitchen and dining
UNIT THREE FEATURES:
- Renovated, shows like new
- Open Concept
- 1 bedroom, 1 bath (2 piece)
- Kitchen and living room
- Deck off the front of the house with mountain views
UNIT FOUR FEATURES:
- Renovated, shows like new
- Open Concept
- 1 bedroom, 1 bath
- Kitchen and Living area
- Front covered porch
UNIT FIVE FEATURES:
- 2 bedroom, 1 bath (3-piece)
- Primary bedroom with walk-in-closet
- Kitchen, Dining and living room areas
- Laundry room
- Private patio
WELCOME TO ENDERBY:
Where the Shuswap Meets the Okanagan! With a population of fewer than 3,000 Enderby is small as far as cities go. It's close enough to major cities to enjoy the urban amenities, yet far enough removed that it hasn't lost sight of the agricultural roots. It’s peaceful and laidback, even in the heart of town on the busiest day, and if you choose to spend your time exploring Enderby, you may just be surprised at the unexpected adventures you can have playing in its backyard.