This fantastic Kamloops property offers two great houses and a prime investment opportunity with strong future rental income potential! Currently providing over $56,000/year and a 5.9% cap rate. The main house is fully updated and brings in $2,600 per month plus utilities and features plenty of updates. The main floor presents two bedrooms, a full bathroom, and bright and spacious living and kitchen spaces. The lower level includes three more additional bedrooms, a full bathroom, additional laundry hook ups and a separate entrance. Outside you will find a new patio and private yard space. With new windows, roof, hot water tank, mechanical and electrical fixtures this provides a turn key and low maintenance investment.. The rear section of the property contains a newly built legal garden house with two bedrooms, a full bathroom, and vaulted 12' ceilings, generating $2100 per month plus utilities. This detached house also features its own private yard with 6' fencing and its own parking. Located close to shopping, schools, transportation, and more, with plenty of parking for tenants, this property combines convenience with cash flow. Don’t miss out on this exceptional property with two houses on one lot! (id:4069)
Address
2319 Tranquille Road
List Price
$819,900
Property Type
Single Family
Type of Dwelling
House
Style of Home
Bungalow
Area
British Columbia
Sub-Area
Kamloops
Bedrooms
5
Bathrooms
2
Floor Area
2,345 Sq. Ft.
Lot Size
0.16 Ac.
Year Built
1953
MLS® Number
10336230
Listing Brokerage
Royal LePage Kamloops Realty (Seymour St)
Postal Code
V2B3N6