Discover this modern fourplex in Penticton, ideally located at 124 Calgary Avenue. Built in 2018, this property features two 2-bedroom/2-bathroom units and two 1-bedroom/1-bathroom units, each with in-suite laundry and separate metering. Generating $6,227 per month ($74,724 annually), this investment opportunity promises steady cash flow in a high-demand market.
Why Choose This Fourplex in Penticton?
- Property Type: Single Family (Fourplex)
- Building Size: 3,002 sqft (Two storeys)
- Land Size: 0.1 acres
- Neighbourhood: Main North – Penticton’s central hub
- Annual Taxes: $6,918.92
- Total Parking: 3 designated spaces
- Community Features:
- Pets Allowed (with restrictions)
- Rentals Allowed – Boost your occupancy rates with this sought-after feature.
This fourplex in Penticton is thoughtfully designed for tenants, offering modern finishes and convenience with in-suite laundry and designated parking spaces.
Prime Location – Everything Tenants Need Nearby
Your tenants will appreciate living near Penticton’s top amenities, including:
- Safeway: Groceries and essentials
- Starbucks: Coffee and snacks
- Shoppers Drug Mart: Pharmacy and retail
- BC Liquor Stores: Convenient shopping
- Penticton Regional Airport: Quick and easy access for frequent travelers.
- Golf Courses: Recreational opportunities abound.
- Schools, Parks, and Public Transit: Perfect for families and commuters.
Solid Investment in Penticton’s Rental Market
Penticton offers low vacancy rates and a growing demand for rental properties. With its central Main North location, this fourplex in Penticton is perfect for tenants seeking urban living with proximity to schools, shopping, and recreation. The potential for a CHMC mortgage (40-50 year amortization) makes this an ideal opportunity for serious investors.
Contact Jared Gibbons Today
Ready to explore this fourplex in Penticton or schedule a visit? Contact Jared Gibbons, a trusted real estate professional with over 10 years of experience, to guide you through this fantastic opportunity and help you achieve your investment goals.
