9870 And 9868 Pinnacles Road, Vernon, British Columbia

$2,199,900

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6

Beds

6

Baths

2,562

Square feet

0.53

Acres

About 9870 And 9868 Pinnacles Road

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:36535)

Features of 9870 And 9868 Pinnacles Road

Listing # 10328676
Price $2,199,900
Bedrooms 6
Bathrooms 6.00
Square Footage 2,562
Acres 0.53
Year Built 1960
Type Recreational
Sub-Type Freehold
Style Bungalow

Community Information

Address 9870 And 9868 Pinnacles Road
Subdivision Silver Star
City Vernon
Province British Columbia
Postal Code V1B3M1

Amenities

Utilities Cable, Electricity, Natural Gas, Telephone, Sewer, Water
Features Balcony, Three Balconies
Parking Spaces 8
Parking Street
View Mountain view, View (panoramic)
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters
Fireplace No
# of Stories 1
Has Basement No

Exterior

Exterior Other
Roof Steel

Additional Information

Zoning Residential

Listing Details

OfficeCourtesy Of Nathan Sulz Of eXp Realty (Kelowna)

Listing Map