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CALLING ALL INVESTORS! This income-producing property offers strong rental potential with established long-term tenants already in place. Currently generating $2,250/month from the upper level and $2,400/month from the lower level, for a combined rental income of $4,650/month or $55,800 annually. An excellent opportunity for investors looking to add a solid rental property to their portfolio, or for buyers looking to offset their mortgage with substantial rental income. The property also offers plenty of additional storage with two large sheds, including a rear shed measuring approximately 9'11"" x 17'1"" and a front shed measuring approximately 20'1"" x 13'1"". Conveniently located close to schools, shopping, groceries, gyms, restaurants, transit and everyday amenities, making this an attractive and accessible location for tenants. With established rental income, long-term tenants already in place and excellent storage, this property offers flexibility whether you're looking to expand your investment portfolio or take advantage of the income potential for years to come. Call today for a showing!
Highlights
- Per the listing, the upper and lower levels are rented, with combined income of $4,650 a month.
- Bungalow with 5 bedrooms, 2 bathrooms and 2,280 sq ft, on a 0.18-acre lot.
- Town centre is 1.8 km away, and George Hilliard Elementary School is 490 m away.
- Two sheds for storage, and municipal water and sewer, per the listing.
Things to check
- Ask whether the upper and lower suites are permitted by the City of Kamloops.
- Ask for copies of the leases and rent roll to confirm the stated rental income.
- Built in 1956, so ask for the ages of the roof and furnace.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Did you know?: Ladera’s 89 townhomes sit above the first fairway of Bighorn Golf Course, with geothermal heating and cooling. Living at Ladera: townhomes for sale →
Overall neighbourhood score 8.2 / 10; walk & bike score 8.3 / 10, from how close the nearest school, park or trail, rec centre and town centre are. Scores and distances are Sean Phillips’s own straight-line measures from this home to public B.C. map data. They are not part of the MLS® listing; driving distances are longer, so please check anything that matters to you.
Main level
- Full bathroom
- Bedroom9'7" x 11'11"
- Bedroom8'11" x 11'11"
- Primary Bedroom15'4" x 11'5"
- Living room13'8" x 17'0"
- Kitchen16'8" x 13'4"
Basement
- Full bathroom
- Mud room7'7" x 14'4"
- Den7'7" x 14'4"
- Bedroom8'6" x 14'4"
- Primary Bedroom8'6" x 14'4"
- Living room14'6" x 9'10"
- Dining room9'6" x 10'1"
- Kitchen11'7" x 9'11"
- Price
- $649,900
- MLS® number
- 10399908
- Property type
- Single-family home
- Ownership
- Freehold
- Bedrooms
- 5
- Bathrooms
- 2
- Living area
- 2,280 sq ft
- Lot size
- 0.18 acres
- Year built
- 1956
- Storeys
- 2
- Parking spaces
- 4
- Annual taxes
- $4,023
- Community
- Brocklehurst, Kamloops
- Style
- Bungalow
- Basement
- Full
- Heating
- Forced air
- Cooling
- Wall unit
- Parking
- Street, Additional Parking
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Parking details
- 4 spaces in total · Street, Additional Parking
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