Excellent opportunity for first-time buyers and investors alike! This move-in ready 3 bedroom, 2 full bathroom half duplex offers flexibility, updates, & income potential in a convenient central location close to transit, schools, and shopping. The upper level has been newly renovated with fresh paint, new flooring, & upgraded Starline windows creating a bright, modern living space. Major upgrades have already been completed including a newer roof, furnace, gas hot water tank, appliances, & updated shower allowing for low maintenance ownership & peace of mind. The lower level features a self-contained 1 bedroom suite with separate laundry, ideal as a mortgage helper or for extended family living. It was a two bedroom & with the replacement of one wall it could easily be converted back. Outside, enjoy a large fenced backyard, two storage sheds, & abundant parking for multiple vehicles or recreational toys. Whether you’re entering the market or expanding your investment portfolio, we believe this price offers great value when compared to similar units sold & considering the revenue this home can bring as a rental. The main level fetches $2100 a month, the lower level could currently bring in around $1400 as is, or possibly up to $2100.00 if improved. We are looking at approximately $3,500.00–$4,200.00 per month of rental revenue. At a borrowing cost of approximately $500 a month per $100,000.00 borrowed, this home should be cash flow positive at the listed price. (id:44393)
| MLS® Number | 10375489 |
| Property Type | Single Family |
| Neigbourhood | Rutland South |
| Community Name | N/A |
| Community Features | Pets Allowed |
| Parking Space Total | 5 |
| Bathroom Total | 2 |
| Bedrooms Total | 3 |
| Architectural Style | Split Level Entry |
| Constructed Date | 1972 |
| Construction Style Split Level | Other |
| Cooling Type | Window Air Conditioner |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,800 Ft2 |
| Type | Duplex |
| Utility Water | Irrigation District |
| Additional Parking | |
| Carport | |
| Street | |
| Oversize | |
| R V |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.13 |
| Size Total | 0.13 Ac|under 1 Acre |
| Size Total Text | 0.13 Ac|under 1 Acre |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Foyer | 5'11'' x 9'6'' | ||
| Main Level | Foyer | 6'4'' x 8'0'' | ||
| Main Level | Dining Room | 10'4'' x 9'4'' | ||
| Main Level | Bedroom | 13'1'' x 9'11'' | ||
| Main Level | Primary Bedroom | 13'1'' x 10'10'' | ||
| Main Level | Full Bathroom | 6'11'' x 6'6'' | ||
| Main Level | Living Room | 18'2'' x 11'6'' | ||
| Main Level | Kitchen | 8'6'' x 9'4'' | ||
| Additional Accommodation | Other | 5'0'' x 7'9'' | ||
| Additional Accommodation | Other | 5' x 5'6'' | ||
| Additional Accommodation | Full Bathroom | 6'10'' x 6'0'' | ||
| Additional Accommodation | Bedroom | 12'7'' x 9'0'' | ||
| Additional Accommodation | Living Room | 20'7'' x 18'4'' | ||
| Additional Accommodation | Dining Room | 10'0'' x 8'6'' | ||
| Additional Accommodation | Kitchen | 3'0'' x 10'10'' |
https://www.realtor.ca/real-estate/29380269/422-rutland-road-s-kelowna-rutland-south
Contact us for more information
Jason Puetz
(250) 869-0101
assurancerealty.c21.ca/
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