564, 576 & 580 Ellis Street, Penticton, British Columbia

$3,599,000

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10,350

Square feet

0.23

Acres

About 564, 576 & 580 Ellis Street

564, 576, 580 Ellis Street – For Sale as a Single Property. Urban, contemporary, and funky! Located just one block off Main Street in downtown, these 12 highly sought-after rental units offer a diverse mix: 3 ground-floor suites with 1 bedroom and 1 bath, 3 ground-floor suites with 2 bedrooms and 1 bath, and 6 two-story upper units with 3 bedrooms and 2 baths each. Each unit features its own private entrance, 6 appliances, stylish window coverings, and trendy interiors. All units come with private laundry facilities, hot water tanks, and balconies (except ground-floor suites). Parking is available via lane access and resident street parking with a permit. The property is professionally managed, well maintained, and benefits from a solid tenant mix with strong potential for growth as units turnover. Additionally, it is currently pet-friendly. With Penticton’s historically low vacancy rate of around 1%, this property represents a lucrative investment opportunity. (id:36535)

Features of 564, 576 & 580 Ellis Street

Listing # 10324014
Price $3,599,000
Bathrooms 0.00
Square Footage 10,350
Acres 0.23
Year Built 2015
Type Multi-family
Sub-Type Freehold

Community Information

Address 564, 576 & 580 Ellis Street
Subdivision Main North
City Penticton
Province British Columbia
Postal Code V2A4M3

Amenities

Amenities Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski area
Features Level lot
Parking Spaces 9
Parking Other
Is Waterfront No
Has Pool No

Interior

Heating Electric Baseboard heaters
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Features Landscaped, Level

Additional Information

Zoning Residential

Listing Details

OfficeCourtesy Of Kirk Chamberlain Of Chamberlain Property Group

Listing Map