173 Wade Avenue W, Penticton, British Columbia V2A 1T7

Listed for:
$2,450,000
0 beds
0 baths
Listed 26 days ago
Residential Commercial Mix for rent: 173 Wade Avenue W, Penticton, British Columbia V2A 1T7

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Learn more about this property
Listing provided by:
Coldwell Banker Horizon Realty
MLS® number:
10366029
Agent:
Bill Raine
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About

This exceptional investment opportunity features a 16-unit apartment building at 173 Wade Ave W, alongside the adjacent property at 157 Wade Ave, which is also listed at $900,000. Combined both properties for $3,400,000. Both properties are sold together, offering operational efficiency and scale for investors, and the apartment building generates stable rental income, cap rate 5.7%. This side-by-side offering provides strong long term growth potential in a highly desirable central location, close to shopping, transit, and community amenities, making it an outstanding investment in a high-demand rental market. (id:27476)

Property Highlights

MLS® Number
10366029
Type
Other
Land Size
under 1 acre

Building

Building Type
Residential Commercial Mix
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location