We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home BC Greater Penticton Penticton
173 Wade Avenue W
Directions Print
173 Wade Avenue W $1,950,000
4 days ago
$1,950,000
Hide
Favourite

173 Wade Avenue W
Penticton, British Columbia V2A1T7

MLS® Number: 10370908

Listing Description

This exceptional investment opportunity features a 16-unit apartment building, with a new roof at 173 Wade Ave W, alongside the adjacent property at 157 Wade Ave, which is also listed at $825,000. Combined both properties for $2,775,000. 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. (39551342)

Property Summary

Property Type
Other
Building Type
Residential Commercial Mix
Neighbourhood Name
Main North
Land Size
under 1 acre
Time on REALTOR.ca
4 days

Building

Bathrooms
Partial
0

Land

Lot Features
Present Use
Mixed use
Are you interested in touring this listing?
Request a showing

Bill Raine