$1,149,999 · 713 Russell Ave, Enderby, BC - 5plex income property

For more information & Photos go to PROPERTYGUYSCOM and enter ID #93547 If you are in the market for an investment property in the Okanagan, it is hard to beat the benefits of this non conforming 5 plex. This fantastic home is separated into 5 self contained units all with separate entrances and 4 of the 5 suites show like new. There are three 1 bedroom units, one 2 bedroom unit, and one bachelor suite. All suites have AC units installed, brand new hot water tanks, and are on separate meters with 400amp service to the building. Currently there is huge demand for rentals and each suite is tenanted with a total annual revenue of approximately $90,000! Residential mortgage available, option to be residential or commercial. You will love the large flat lot with plenty of on site parking for all suites and municipal services for peace of mind. Centrally located on a good street with limited thru traffic, close to all amenities of Enderby. Walking distance to nearby school and close to the river walk. The home is on the same block as the laundromat, grocery store, restaurants and downtown core. Just a 20 minute drive to Vernon and 15 minutes to Salmon arm. The list of updates and improvements is ubiquitous throughout the building and within the units. There is new electrical, new plumbing, new insulation, new flooring, new baseboards, and new appliances. Most windows have been replaced and asbestos abatement has been completed. There is plenty of room in the fully fenced private backyard for a new garage or shop if desired and there is a paved driveway along one side of the property.