9870 And 9868 Pinnacles Road, Vernon
- Bedrooms: 6
- Bathrooms: 6
- Living area: 2562 square feet
- Type: Commercial
- Added: 6 days ago
- Updated: 5 days ago
- Last Checked: 2 days ago
An amazing opportunity to purchase two gems together at a discount price. These two properties are side by side, both located on Pinnacles rd. The 4 plex (Legal Tri-Plex with suite) and the Chalet income generator can be sold together. Please see mls 103283587 (4 Plex) & mls 10328648 (Chalet) for more detailed description. Chalet - Discover the ultimate alpine escape with this beautifully renovated property, offering an unbeatable combination of high revenue potential and low operating costs. This stunning home recently generated approximately $35,000 in just a few months, making it a lucrative opportunity for investors and vacation-home seekers alike. R1 zoning 4-Plex. Exceptional Income-Generating Investment Opportunity! Seize the chance to own this completely renovated 4-plex, legally designated as a triplex with an additional suite. This property offers a unique blend of modern upgrades and incredible earning potential. Fully rented with reliable long-term tenants through spring, it currently generates a robust rental income of $6,650 per month, ensuring immediate returns. The property is situated on a medium residential R3-zoned lot, unlocking incredible development opportunities. This zoning permits: Single-family and duplex builds: Up to 20 dwellings. subject to municipal approval). Townhome developments: Up to 40 units. subject to municipal approval). Apartment complexes: Potentially up to 100 units (subject to municipal approval). (id:1945)
Show
More Details and Features
Property DetailsKey information about 9870 And 9868 Pinnacles Road
- Roof: Steel, Unknown
- Heating: Baseboard heaters
- Stories: 3
- Year Built: 1960
- Structure Type: Fourplex
- Exterior Features: Other
- Architectural Style: Bungalow
- Property Type: 4-Plex (Legal Tri-Plex with suite), Chalet
- Zoning: 4-Plex: R1, Chalet: R3
- Income Potential: Chalet: $35,000 in a few months, 4-Plex: $6,650 per month
- Development Opportunities: Single-family and duplex builds: Up to 20 dwellings (subject to municipal approval), Townhome developments: Up to 40 units (subject to municipal approval), Apartment complexes: Potentially up to 100 units (subject to municipal approval)
Interior FeaturesDiscover the interior design and amenities
- Living Area: 2562
- Bedrooms Total: 6
- Renovations: Completely renovated
- Rental Status: Fully rented with reliable long-term tenants
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 9870 And 9868 Pinnacles Road
- View: Mountain view, View (panoramic)
- Lot Features: Balcony, Three Balconies
- Water Source: Municipal water
- Lot Size Units: acres
- Parking Total: 8
- Parking Features: Street
- Lot Size Dimensions: 0.53
- Lot Type: Medium residential
- Location: Pinnacles Rd
Location & CommunityUnderstand the neighborhood and community
- Common Interest: Freehold
- Nearby Amenities: Alpine escape
Business & Leasing InformationCheck business and leasing options available at 9870 And 9868 Pinnacles Road
- Chalet Revenue: $35,000 in a few months
- 4 Plex Rental Income: $6,650 per month
Utilities & SystemsReview utilities and system installations
- Sewer: Municipal sewage system
- Utilities: Water, Sewer, Natural Gas, Electricity, Cable, Telephone
Tax & Legal InformationGet tax and legal details applicable to 9870 And 9868 Pinnacles Road
- Zoning: Residential
- Parcel Number: 017-295-840
- Tax Annual Amount: 7845.1
Additional FeaturesExplore extra features and benefits
- Security Features: Security system
- Discount Price: Available when purchasing both properties together
Room Dimensions
This listing content provided by REALTOR.ca
has
been licensed by REALTORĀ®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association