425 Leathead Road, Rutland, British Columbia, V1X 2J3

$1,899,888

MLS® # 10303540

Investment For Sale In Rutland, British Columbia

$1,899,888

Property Information:

OPPORTUNITY FOR DEVELOPERS to purchase 2 lot land assembly, a total of 0.44 acres a multifamily development site zoned under UC. This corner lot land assembly is located in Rutland Central, close to Hwy 97. Currently, The 2 homes are tenant occupied and generating current rent of $9,340! This 6 storey multifamily building will provide 56 homes comprising a 2.10 FAR on 45,933 Sqft. Bonus FAR available up to 2.50 FAR. Distance to UBC Okanagan is around 7 min and 8 min to Kelowna Airport. LAND ASSEMBLY: 2 LOTS: 545 Froelich Rd (10303615) and 425 Leathead Rd. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Heating Type: No heat

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1937
  • Zoning Type: Residential
  • Sewer: Municipal sewage system
  • Parking Type: Surfaced

Courtesy of: eXp Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.