Penticton, BC V2A1T7,173 Wade Avenue W
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Penticton, BC V2A1T7,173 Wade Avenue W
Penticton, BC V2A1T7,173 Wade Avenue W
Penticton, BC V2A1T7,173 Wade Avenue W
Penticton, BC V2A1T7,173 Wade Avenue W
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$ 2,450,000
Est. payment /mo
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173 Wade Avenue W Penticton, BC V2A1T7


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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Main North

MLS® Listing ID 10366029

Source Association of Interior REALTORS®

Property Description

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:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No


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Listed by Coldwell Banker Horizon Realty

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173 Wade Avenue W