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Home BC Greater Vernon North Okanagan C
9870 Pinnacles Road
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9870 Pinnacles Road $1,399,900
6 days ago
$1,399,900
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9870 Pinnacles Road
Silver Star, British Columbia V1B3M1

MLS® Number: 10328357
6
Bedrooms
6
Bathrooms
2562
Square Feet

Listing Description

Ski in Ski out Exceptional Income-Generating Investment Opportunity Seize the chance to own this completely renovated 4-plex, legally designated as a triplex with an additional suite. This property offers a unique blend of modern upgrades and incredible earning potential. Fully rented with reliable long-term tenants through spring, it currently generates a robust rental income of $6,650 per month, ensuring immediate returns. For added value, furniture is negotiable, with an estimated worth of $30,000, making this an ideal turnkey investment for savvy buyers. Roof is 2 year's old The property is situated on a medium residential R3-zoned lot, unlocking incredible development opportunities. This zoning permits: Single-family and duplex builds: Up to 20 dwellings (subject to municipal approval). Townhome developments: Up to 40 units (subject to municipal approval). Apartment complexes: Potentially up to 100 units (subject to municipal approval). Whether you're seeking a steady income stream or envisioning a larger-scale development project, this property offers the flexibility to fulfill your goals. Don’t miss out on this rare opportunity to own a high-yield asset with substantial growth potential. Contact us today to explore the possibilities and schedule your private viewing! We have a few more photos of the interior we can share with your realtor upon qualification. (37984106)

Property Summary

Property Type
Single Family
Building Type
Fourplex
Storeys
1
Square Footage
2562 sqft
Neighbourhood Name
Silver Star
Title
Freehold
Land Size
0.35 ac|under 1 acre
Built in
1960
Annual Property Taxes
$5,675.62
Parking Type
Street
Time on REALTOR.ca
6 days

Building

Bathrooms
Total
6
Partial
0
Building Features
Features
Balcony, Three Balconies
Architecture Style
Bungalow
Fire Protection
Security system
Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available), Telephone (Available), Sewer (Available), Water (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Steel)
Exterior Finish
Other
Neighbourhood Features
Community Features
Rentals Allowed
Parking
Parking Type
Street
Total Parking Spaces
8

Measurements

Square Footage
2562 sqft

Rooms

MetricImperial
Main level
Kitchen
Dining room
Living room
Foyer
Dining room
Living room
Full bathroom
Kitchen
Foyer
Full bathroom
Kitchen
Dining room
Living room
Foyer
Second level
Full bathroom
Bedroom
Primary Bedroom
Full bathroom
Dining nook
Primary Bedroom
Full bathroom
Bedroom
Primary Bedroom
Lower level
Other
Primary Bedroom
Kitchen
Foyer
Full bathroom

Land

Lot Features
View
Mountain view, View (panoramic)
Other Property Information
Zoning Type
Residential
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

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Nathan Sulz