1175-1179 Raymer Avenue, Kelowna, British Columbia V1Y 4Z7

Listed for:
$1,875,000
8 beds
4 baths
Listed 1 day ago
Fourplex for rent: 1175-1179 Raymer Avenue, Kelowna, British Columbia V1Y 4Z7

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Learn more about this property
Listing provided by:
CIR Realty
MLS® number:
10367677
Agent:
Herman Neustaedter
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About

This well-maintained fourplex features four spacious 2-bedroom, 1-bathroom suites, each with a private entrance and its own outdoor living area surrounded by generous green space. Tenants enjoy on-site storage, designated parking spots, and convenient coin laundry. Situated on a large 0.22-acre MF1-zoned lot with dual access from both Raymer Avenue and Bouvette Street, the property offers excellent functionality and investment appeal. The upper suites, each 1,100 sq. ft., and the lower suites, each 1,000 sq. ft., have been thoughtfully upgraded and well cared for. Current rental income is strong, with 1179A at $1,800/month, 1179B at $2,100/month, 1175A at $1,367/month, and 1175B at $1,820/month, generating a total monthly income of $7,087. With its solid returns, prime location, and appealing layout, this property is an excellent income-producing opportunity in a desirable area. (id:27476)

Property Highlights

MLS® Number
10367677
Type
Single Family
Ownership Type
Freehold
Land Size
0.22 ac|under 1 acre
Parking Space Total
8

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
4220 sqft
Bathrooms Total
4
Bedrooms Total
8
Exterior Finish
Stucco
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters, Forced air, See remarks
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

Full bathroom
Second level
6' x 8'
Full bathroom
Second level
6' x 8'
Living room
Second level
13' x 18'
Primary Bedroom
Second level
13' x 13'
Primary Bedroom
Second level
13' x 13'
Dining room
Second level
10' x 10'
Kitchen
Second level
13' x 11'
Bedroom
Second level
11' x 11'
Bedroom
Second level
11' x 11'
Kitchen
Second level
13' x 11'
Living room
Second level
13' x 18'
Bedroom
Main level
11' x 11'
Bedroom
Main level
11' x 11'
Living room
Main level
13' x 18'
Primary Bedroom
Main level
13' x 13'
Primary Bedroom
Main level
13' x 13'
Kitchen
Main level
10' x 10'
Kitchen
Main level
10' x 10'
Full bathroom
Main level
6' x 8'
Full bathroom
Main level
6' x 8'

Location

Street Spotlight - For sale