2029 Richter Street, Kelowna | $999,000

Great holding property with laneway access currently generating $4,000/ month in rent. With 5 bedrooms and 2 bathrooms, including the primary bedroom upstairs with ensuite and private balcony. Currently zoned MF1, but is located on the Richter Transit Supportive Corridor, meaning greater possible future development value through land assembly to accommodate up to approximately 6 storeys, and 1.8 FAR. Located within walking and biking distance of all downtown Kelowna has to offer, KGH and most importantly, THE BEACH!

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Description

Great holding property with laneway access currently generating $4,000/ month in rent. With 5 bedrooms and 2 bathrooms, including the primary bedroom upstairs with ensuite and private balcony. Currently zoned MF1, but is located on the Richter Transit Supportive Corridor, meaning greater possible future development value through land assembly to accommodate up to approximately 6 storeys, and 1.8 FAR. Located within walking and biking distance of all downtown Kelowna has to offer, KGH and most importantly, THE BEACH!

General Info

MLS Listing ID: 10319424 Bedrooms: 5 Bathrooms: 2 Year Built: 1911
Parking: N/A Heating: Other, See remarks Lotsize: 0.14 ac|under 1 acre Air Conditioning : See Remarks
Home Style: N/A Finished Floor Area: Hardwood, Linoleum Fireplaces: N/A Basement: Crawl space

Amenities/Features

  • Level lot
  • One Balcony

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .