1266 GOVERNMENT Street new Save Request In-Person Tour Request Virtual Tour
Penticton,BC v2a4v4
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,066 sqft
Price per Sqft $386
Subdivision Main North
MLS Listing ID 10361847
Style Ranch
Bedrooms 3
Year Built 1930
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
Exceptional 8-Unit Development Opportunity on Government Street. This prime property presents an excellent opportunity for developers or investors, with preliminary designs in place for two 4-plex development sites (8 units total). Conveniently located near the hospital, IGA, and public transit, the site offers both accessibility and strong future growth potential. Currently, the property features a home that is rented for $1,700 per month plus utilities, providing holding income while you plan your project. With the groundwork already underway and preliminary designs available, this is an ideal chance to move forward with a profitable development in a sought-after area. Whether you're looking to build and sell, hold as a rental investment, or add to your portfolio, this property offers flexibility and strong upside. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 1.0
Extra Room 1 Second level 12'0'' x 14'0'' Storage
Extra Room 2 Second level 20'0'' x 12'0'' Other
Extra Room 3 Main level 26'6'' x 13'4'' Living room
Extra Room 4 Main level 9'0'' x 17'8'' Kitchen
Extra Room 5 Main level 4'0'' x 7'0'' Dining nook
Extra Room 6 Main level 9'8'' x 7'7'' Bedroom
Interior
Heating Forced air,See remarks
Fireplaces Type Unknown
Exterior
Parking Features Yes
View Y/N No
Roof Type Unknown
Total Parking Spaces 2
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Architectural Style Ranch
Others
Ownership Freehold