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861 Martin Avenue Kelowna, British Columbia V1Y 6V4

5 Bedroom 4 Bathroom 2480 sqft
Split Level Entry Fireplace Wall Unit Baseboard Heaters, Forced Air, See Remarks Landscaped, Level

$1,175,000

House and Carriage house on a large MF1 zoned lot. This is an investor/developer's dream property. It has strong holding power right now as well as great development potential in the future in an ideal location to maximize your investment now and later. The oversized, 55 ft x 135 ft lot with alley access (.17 acres or 7,425 sqft) allows a developer to build bigger than average units in a future 4 plex or 6-plex that can be sold for more when finished. It would also allow for 2 duplexes instead of 1 fourplex to be built, similar to what was done across the street. In the meantime, the main home and carriage house are bringing in good rental income with great tenants until the time is right to start your development project. Like I said, this is an investor/developers dream property to purchase. (id:53701)

Property Details

MLS® Number 10310424
Property Type Single Family
Neigbourhood Kelowna North
Amenities Near By Park, Recreation, Schools, Shopping
Community Features Family Oriented
Features Level Lot, Private Setting
Parking Space Total 4
View Type Mountain View

Building

Bathroom Total 4
Bedrooms Total 5
Architectural Style Split Level Entry
Constructed Date 1960
Construction Style Attachment Detached
Construction Style Split Level Other
Cooling Type Wall Unit
Exterior Finish Stucco, Wood Siding, Composite Siding
Fire Protection Smoke Detector Only
Fireplace Fuel Unknown
Fireplace Present Yes
Fireplace Type Decorative,unknown
Flooring Type Carpeted, Ceramic Tile, Hardwood, Tile, Vinyl
Half Bath Total 1
Heating Fuel Electric
Heating Type Baseboard Heaters, Forced Air, See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 3
Size Interior 2480 Sqft
Type House
Utility Water Municipal Water

Parking

See Remarks

Land

Access Type Easy Access
Acreage No
Fence Type Fence
Land Amenities Park, Recreation, Schools, Shopping
Landscape Features Landscaped, Level
Sewer Municipal Sewage System
Size Frontage 55 Ft
Size Irregular 0.17
Size Total 0.17 Ac|under 1 Acre
Size Total Text 0.17 Ac|under 1 Acre
Zoning Type Unknown

Rooms

Level Type Dimensions
Second Level Full Bathroom 6'5'' x 7'10''
Second Level Bedroom 12'1'' x 8'11''
Second Level Primary Bedroom 15'4'' x 11'1''
Third Level Living Room 17'9'' x 13'
Third Level Kitchen 17'9'' x 11'5''
Third Level Full Bathroom 12'8'' x 8'10''
Third Level Bedroom 12'8'' x 13'
Fourth Level Full Bathroom 11' x 9'10''
Fourth Level Primary Bedroom 12'8'' x 11'10''
Basement Partial Bathroom 15'4'' x 13'3''
Basement Bedroom 12'11'' x 13'4''
Main Level Kitchen 13'8'' x 9'10''
Main Level Dining Room 8'10'' x 14'10''
Main Level Living Room 18'5'' x 13'4''

https://www.realtor.ca/real-estate/26769511/861-martin-avenue-kelowna-kelowna-north

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