$615,000

506 NELSON Avenue, Penticton

Main North, Penticton, BC V2A2L2

3 bd · 2 ba · 1,586 sq ft · Single-family home

Listed by Chamberlain Property Group Inc.

About this property

Opportunity is calling, and this one delivers. Centrally located and income-generating from day one, this versatile property is a smart move for investors and homeowners alike, whether you're growing a portfolio or letting a tenant help carry the mortgage. Two fully self-contained living spaces give you real options: the upper residence offers 2 bedrooms and a full bath, a bright living area, functional kitchen, and the everyday convenience of main-floor laundry, while the lower level features a private 530 sq.ft. 1-bed, 1-bath suite with its own laundry and separate backyard access. Both open onto a spacious, fully fenced yard made for summer living. Move in with confidence: a new roof and hot water tank, both completed in 2023, mean the big-ticket items are already handled and in 1995 new electrical, plumbing, windows & insulation were updated. Outside, generous front and rear yards, rear lane access, and ample parking leave plenty of room for multiple vehicles, the RV, and the boat. Minutes from shopping, schools, parks, transit, and everyday amenities, this is that rare blend of location, flexibility, and lasting value. Whether you're expanding your investments or offsetting your mortgage with rental income, opportunities like this don't wait. Come see it before it's gone. Total sq.ft. calculations are based on the exterior dimensions of the building at each floor level & inc. all interior walls & must be verified by the buyer if deemed important. (id:67417)

Property details

Price

$615,000

MLS® number

10392992

Property type

Single-family home · House · Single Family

Ownership

Freehold

Bedrooms

3

Bathrooms

2

Living area

1,586 sq ft

Lot size

0.08 acres · 0.08

Year built

1940

Storeys

3

Parking spaces

3

Annual taxes

$4,234

Community

Main North, Penticton

Features

Heating

Baseboard heaters, Electric

Parking

Other, Rear, RV, Street, Additional Parking

View

Mountain view, View (panoramic)

Flooring

Tile, Hardwood, Carpeted, Vinyl

Roof

Asphalt shingle, Unknown

Exterior

Wood siding, Cedar Siding

Appliances

Washer, Refrigerator, Oven - Electric, Dryer, Washer/Dryer Stack-Up

Community

Family Oriented

Lot

Level lot

Water

Municipal water

Sewer

Municipal sewage system

Fencing

Fence

Rooms

Level	Room	Size
Basement	Bedroom	12'8'' x 9'3''
Basement	Full bathroom
Basement	Living room	15'2'' x 15'2''
Basement	Kitchen	8' x 10'9''
Second level	Bedroom	15' x 11'4''
Second level	Primary Bedroom	19'10'' x 12'6''
Main level	Full bathroom
Main level	Living room	18'3'' x 16'3''
Main level	Kitchen	16'4'' x 14'11''

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