9870 Pinnacles Road, Vernon, British Columbia

$1,399,900

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6

Beds

6

Baths

2,562

Square feet

0.35

Acres

About 9870 Pinnacles Road

Ski in Ski out 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. For added value, furniture is negotiable, with an estimated worth of $30,000, making this an ideal turnkey investment for savvy buyers. Roof is 2 year's old 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). Whether you're seeking a steady income stream or envisioning a larger-scale development project, this property offers the flexibility to fulfill your goals. Don’t miss out on this rare opportunity to own a high-yield asset with substantial growth potential. Contact us today to explore the possibilities and schedule your private viewing! We have a few more photos of the interior we can share with your realtor upon qualification. (id:36535)

Features of 9870 Pinnacles Road

Listing # 10328357
Price $1,399,900
Bedrooms 6
Bathrooms 6.00
Square Footage 2,562
Acres 0.35
Year Built 1960
Type Single Family
Sub-Type Freehold
Style Bungalow

Community Information

Address 9870 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