651 Braid Street Unit# 101, Penticton

2024-07-03
 

Quick Summary

Location
651 Braid Street Unit# 101, Penticton, British Columbia V2A4Y6
Price
$765,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1987ft2
Bedrooms:
5
Bathrooms:
4
Year of Construction:
2019

MLS®#10318699

Property Description

Welcome to this quality-built 2019 half duplex, located in a cute and quiet residential neighbourhood just steps from schools, parks, and shopping. This three-level home features a 2-bedroom legal basement suite, making it an excellent investment opportunity or a perfect home with a mortgage helper. The upper two levels offer a spacious 3-bed, 3-bath layout, while the basement suite includes 2 beds and 1 bath. This unit is equipped with high-end finishes, including gas ranges, double French door fridges, dishwashers, slimline microwaves—all designer labels—undermounted sinks, and professional blinds. Each unit has front-loading laundry systems, LED lights, forced air natural gas heat, electric fireplaces, and 10-foot ceilings on the main level. The deluge system for fire suppression and a 1-hour fire-rated party wall help keep insurance levels low. Both units have fully covered patio areas, private storage and a low maintenance backyard. Potential rents bring in $2,800 for the upper unit and $1,800 for the basement unit, totalling $4,600 in rental income with a 6.0% cap rate. Or live in the top unit and enjoy a great mortgage helper below! Don't miss out on this fantastic opportunity to own a modern, income-generating property in a prime location! QUICK POSSESSION AVAILABLE! (id:32467)

Property Features

Building

  • Appliances: Refrigerator, Dishwasher, Oven - gas, Microwave, Washer & Dryer
  • Cooling Type: Central air conditioning
  • Exterior Finish: Stucco
  • Fireplace: Yes
  • Interior Size: 1987 sqft
  • Building Type: Duplex
  • Stories: 3
  • Utility Water: Municipal water

Features

  • Feature: Balcony

Land

  • Land Size: 0.1 ac|under 1 acre
  • Sewer: Municipal sewage system

Maintenance Fee

  • Maintenance Fee: 0.00

Ownership

  • Type: Strata

Storage Type

  • Storage Type: Storage, Locker

Information entered by RE/MAX Penticton Realty
Listing information last updated on: 2024-10-03 00:29:46


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