564, 576 & 580 Ellis Street Penticton, British Columbia V2A 4M3

$3,599,000

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:25164)

Property Details

MLS® Number	10324014
Property Type	Multi-family
Neigbourhood	Main North
Amenities Near By	Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski Area
Community Features	Family Oriented
Features	Level Lot
Parking Space Total	9

Building

Constructed Date	2015
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	3
Size Interior	10,350 Ft2
Type	Multi-family
Utility Water	Municipal Water

Parking

Other

Land

Access Type	Easy Access
Acreage	No
Land Amenities	Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski Area
Landscape Features	Landscaped, Level
Sewer	Municipal Sewage System
Size Irregular	0.23
Size Total	0.23 Ac|under 1 Acre
Size Total Text	0.23 Ac|under 1 Acre
Zoning Type	Residential

https://www.realtor.ca/real-estate/27447035/564-576-580-ellis-street-penticton-main-north