$ 1,249,000 –
850 Hollywood Road North
Listing Info
| Area: |
Kelowna |
| Property Type: |
Single Family |
| Ownership: |
Freehold |
| MLS® Number: |
10381211 |
| Bedroom: |
9 |
| Bathroom: |
5 |
| Year Built: |
1990 |
| Lot Size: |
0.21 |
| Listing Status: |
Active |
| List Price: |
$ 1,249,000 |
9 BR / 5 BA Single Family – Kelowna
Rare 7.6% CAP Rate – Turn-Key Multi-Unit Powerhouse! Stop searching for the ""perfect"" investment—it just arrived. This massive multi-generational estate offers a rare combination of high-yield cash flow and premium 2023 renovations. Currently generating a staggering $9,200/month in rental income from students and professionals, this property is a great cash flow investment. The Layout: Main Residence: Spacious 9 Bedrooms / 5 Bathrooms, 4 kitchen home. Dual Suites: Two fully self-contained 2-Bedroom suites. Bonus Potential: A dedicated bachelor suite (plumbed/ready for easy bathroom install). The $250,000 Edge: Forget the typical ""run-down"" rental. This home was extensively updated in 2023. We’re talking a brand-new roof, modern bathrooms, fresh upstairs flooring, and professional landscaping. Prime Location: Situated in a quiet, safe Rutland North pocket right behind Pearson Elementary. It’s perfectly positioned on a major bus route to UBCO, ensuring your vacancy rate stays near zero. Whether you’re looking for a blue-chip addition to your portfolio or a multi-generational family home that pays for itself, this is it. PS: Windows and Furnace are original but in good working order. Measurements are from iGuide, if important, please re-measure. (id:6769)
Construction Info
| Interior Finish: |
3581 |
| Flooring: |
Carpeted,Laminate,Wood |
| Sewer: |
Municipal sewage system |
| Parking Covered: |
2 |
| Parking: |
12 |
Listing Agent:
Sam Belete
(250) 351-6029
Brokerage:
Royal LePage Kelowna
(250) 860-1100
