STABLE 5.7% CAP RATE – CENTRAL INVESTMENT PACKAGE. Secure a high-performance multi-family asset in a premier rental market. This offering features a well-maintained 16-unit apartment building (173 Wade Ave W), recently upgraded with a new roof, and the adjacent property (157 Wade Ave). Sold together for $2,775,000, this side-by-side assembly provides immediate operational efficiency and significant scale. With steady rental income already in place and a central location steps from transit, shopping, and amenities, this is a blue-chip addition to any portfolio with exceptional long-term growth potential. (id:55236)
| MLS® Number | 10370908 |
| Property Type | Other |
| Neigbourhood | Main North |
| Type | Residential Commercial Mix |
| Acreage | No |
| Current Use | Mixed Use |
| Size Total Text | Under 1 Acre |
https://www.realtor.ca/real-estate/29180434/173-wade-avenue-w-penticton-main-north
Contact us for more information
Bill Raine
Personal Real Estate Corporation
(250) 768-8001
(250) 868-2488
www.kelownarealestate.com/