564, 576, 580 Ellis Street – For Sale as a Single Property. Urban, contemporary, and funky! Located just one block off Main Street in downtown, these 12 highly sought-after rental units offer a diverse mix: 3 ground-floor suites with 1 bedroom and 1 bath, 3 ground-floor suites with 2 bedrooms and 1 bath, and 6 two-story upper units with 3 bedrooms and 2 baths each. Each unit features its own private entrance, 6 appliances, stylish window coverings, and trendy interiors. All units come with private laundry facilities, hot water tanks, and balconies (except ground-floor suites). Parking is available via lane access and resident street parking with a permit. The property is professionally managed, well maintained, and benefits from a solid tenant mix with strong potential for growth as units turnover. Additionally, it is currently pet-friendly. With Penticton’s historically low vacancy rate of around 1%, this property represents a lucrative investment opportunity. (id:4069)
Address
564, 576 & 580 ELLIS Street
List Price
$3,599,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
British Columbia
Sub-Area
Penticton
Floor Area
10,350 Sq. Ft.
Lot Size
0.23 Sq. Ft.
Year Built
2015
MLS® Number
10324014
Listing Brokerage
Chamberlain Property Group
Postal Code
V2A4M3
Site Influences
Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski area
Features
Level lot
