$1,049,000

ID# 10313982

1047 Stockwell Avenue
Kelowna, British Columbia V1Y6W4

Investors! This beautifully landscaped 4-bedroom character home with a legal 2-bedroom suite offers a wealth of development opportunities. The inviting home has undergone substantial renovations, making it a prime candidate for investment in a high-demand area. The main house features gorgeous original hardwood floors, an updated kitchen with new stainless steel appliances, updated flooring, a new laundry room, central A/C, and high efficiency forced air heat. Located in a prime downtown area, you can walk to shops, the beach, breweries/restaurants, public transit, grocery stores, and more. The 2 bedroom income suite includes a newer kitchen, a bathroom with a shower/tub and vanity, a separate entrance, and in-suite laundry. Lane access to the detached garage provides ease of parking for potential buildout. This multi-family lot (MF1) allows for a duplex plus secondary suites, or a fourplex accommodating up to four families. The property offers an unbeatable combination of immediate potential rental income and future development opportunities. Act now to secure this exceptional investment opportunity in a thriving downtown neighborhood. (id:3942)

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General Inquiry
Courtesy of RE/MAX Kelowna
Listed on: May 14, 2024

On market: 184 days
Bathroom Total 2
Bedrooms Total 4
Half Bathrooms Total 0
Year Built 1948
Cooling Type Central air conditioning
Flooring Type Carpeted, Hardwood
Heating Type Forced air, See remarks
Stories Total 2
KitchenBasement10'0'' x 8'0''
Full bathroomBasementMeasurements not available
BedroomBasement10'0'' x 10'0''
BedroomBasement12'0'' x 17'0''
Family roomBasement12'0'' x 10'0''
Laundry roomMain level10'0'' x 4'0''
Full bathroomMain levelMeasurements not available
BedroomMain level13'6'' x 8'0''
Primary BedroomMain level12'6'' x 10'0''
KitchenMain level11'6'' x 11'6''
Dining roomMain level11'6'' x 9'0''
Living roomMain level15'0'' x 12'0''
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