1030 TIMMINS Street, Penticton
MAIN HOUSE (1955) + CARRIAGE HOME (2022) Package. Exceptional investment opportunity in one of Penticton's most convenient locations! Situated on a flat 0.19-acre (approximately 8,200 sq. ft.) lot with valuable lane access, this income-producing property generates approximately $6,000 per month in rental revenue. The property includes a beautifully built 2022 carriage home, protected by its new home warranty, and a well-maintained 3-bedroom, 1-bath Main home with updated vinyl siding, gutters, and a spacious 4-foot crawl space for added storage. Separate electrical and gas meters, a new privacy fence between the homes, and low-maintenance xeriscaping make this an ideal investment. The carriage home also features a ductless heating and cooling system and on-demand hot water. Whether you're looking to expand your investment portfolio, secure a holding property with future development potential, or live in one home while generating rental income from the other, this property offers exceptional flexibility. Just a short walk to downtown Penticton, you'll enjoy easy access to restaurants, breweries, shopping, parks, and the waterfront. Okanagan College and Kings Park are both nearby, making this an attractive option for students, families, and investors alike. A rare opportunity to secure a versatile, income-producing property in a highly desirable location. (id:62865)
Status
Active
Year Built
1955
Property Type
House
Ownership
Freehold
Parking Spaces
6
Annual Tax
$5,225
Parcel Number
009-876-341
Data Source
Association of Interior REALTORS®
Bedrooms
5
Bathrooms
3
Living Area
2212 square feet
Architectural Style
Bungalow, Other
Basement
Crawl space
Appliances
Lot Size
0.19 acres
View
Mountain view
Lot Features
Exterior Features
Roof
Asphalt shingle,Unknown
Heating
Forced air, See remarks
Cooling
Central air conditioning, Wall unit
Water Source
Municipal water
Sewer
Municipal sewage system
$1,199,900
Office
RE/MAX Realty Solutions
Loan Amount:
$959,920
Estimated Monthly Payment:
$4,678
This is an estimate for informational purposes only. Consult with a financial advisor.
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