850 Hollywood Road N, Kelowna, British Columbia V1X 5Y7

Listed for:
$1,249,000
9 beds
5 baths
Listed 2 days ago
House for rent: 850 Hollywood Road N, Kelowna, British Columbia V1X 5Y7

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About

Rare 7.6% CAP Rate – Turn-Key Multi-Unit Powerhouse! Stop searching for the ""perfect"" investment—it just arrived. This massive multi-generational estate offers a rare combination of high-yield cash flow and premium 2023 renovations. Currently generating a staggering $9,200/month in rental income from students and professionals, this property is a great cash flow investment. The Layout: Main Residence: Spacious 9 Bedrooms / 5 Bathrooms, 4 kitchen home. Dual Suites: Two fully self-contained 2-Bedroom suites. Bonus Potential: A dedicated bachelor suite (plumbed/ready for easy bathroom install). The $250,000 Edge: Forget the typical ""run-down"" rental. This home was extensively updated in 2023. We’re talking a brand-new roof, modern bathrooms, fresh upstairs flooring, and professional landscaping. Prime Location: Situated in a quiet, safe Rutland North pocket right behind Pearson Elementary. It’s perfectly positioned on a major bus route to UBCO, ensuring your vacancy rate stays near zero. Whether you’re looking for a blue-chip addition to your portfolio or a multi-generational family home that pays for itself, this is it. PS: Windows and Furnace are original but in good working order. Measurements are from iGuide, if important, please re-measure. FURNITURE NEGOTIABLE (id:27476)

Property Highlights

MLS® Number
10381211
Type
Single Family
Ownership Type
Freehold
Land Size
0.21 ac|under 1 acre
Parking Space Total
12

Building

Building Type
House
Storeys
2.00
Square Footage
3581 sqft
Bathrooms Total
5
Bedrooms Total
9
Amenities
Golf Nearby, Airport, Recreation, Schools, Shopping
Exterior Finish
Vinyl siding
Fireplace Present
Yes
Basement Type
Full
Basement Features
Building Heating Type
See remarks
Heating Fuel
Building Cooling Type
Central air conditioning

Utilities

Water
Irrigation District
Utility Sewer
Municipal sewage system

Room Layout

Media
Second level
12'0'' x 21'0''
Full bathroom
Second level
9'5'' x 7'6''
3pc Ensuite bath
Second level
4'0'' x 10'2''
Bedroom
Second level
11'6'' x 11'2''
Dining room
Second level
10'10'' x 7'10''
Bedroom
Second level
25'8'' x 9'7''
Bedroom
Second level
12'10'' x 10'11''
Bedroom
Second level
9'5'' x 9'11''
Primary Bedroom
Second level
26'3'' x 12'10''
Bedroom
Second level
10'0'' x 17'5''
Living room
Second level
12'10'' x 26'3''
Kitchen
Second level
10'10'' x 9'7''
Bedroom
Main level
11'7'' x 11'1''
3pc Bathroom
Main level
Measurements not available
3pc Ensuite bath
Main level
Measurements not available
Kitchen
Main level
10'0'' x 10'0''
Full bathroom
Main level
9'4'' x 8'3''
Laundry room
Main level
9'10'' x 12'5''
Bedroom
Main level
9'4'' x 9'6''
Bedroom
Main level
12'10'' x 9'9''

Location

Learn more about this property
Listing provided by:
Royal LePage Kelowna
MLS® number:
10381211
Agent:
Sam Belete
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Street Spotlight - For sale