Property Description
Live for Free in the Heart of Lumby! Discover an incredible investment opportunity with this 5-unit complex located in the vibrant heart of Lumby, North Okanagan. This commercially zoned property features 3 residential units and 2 commercial spaces. The current rental income is substantial enough to cover the mortgage, allowing the future owner to live in one of the suites for free. Each unit has been recently renovated, and major updates such as the furnace, hot water tank and exterior siding have been completed in recent years. This iconic and enduring building sits on a massive lot with commercial zoning, offering a variety of development options. Lots of Hwy traffic flow with plenty of extra parking in the back as well on street parking for additional customer parking if needed. Owner financing is available for the right buyer. Don't miss out on this unique opportunity to own a piece of Lumby's history while securing a profitable investment. (id:6770)
Overview
Price
$
730,000
MLS #
10364385
Age
1901
Size
1300 sqft
Lot Size
0.21
acres
Water
Municipal water
Sewer
Municipal sewage system
Property Type
Other
Roof
Unknown
Zoning Type
Unknown
Listing Office
Fair Realty (Lumby)
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