- Price $1,399,000
- Age 1975
- Land Size 0.1 Acres
- Stories 2.5
- Size 7350 sqft
- Exterior Brick, Stucco
- Cooling Wall Unit
- Appliances Refrigerator, Range - Electric
- Water Municipal water
- Sewer Municipal sewage system
7350 sqft Multi-family Multi-Family
520 Westminster Avenue W, Penticton
$1,399,000
Westminster Apartments consists of 9 units, there are 6-TWO bedroom and 3-ONE bedroom units. Close to Okanagan Lake and Beach, downtown shopping, and endless restaurants within walking distance! Long-term tenants with most living at the complex for 10+ years, so the current rents are low and there is a positive upside that they could be increased over time. The current annual gross rent revenue is $95,500. The building is a little tired and requires a little work! The 2024 assessment value is $1,503,000. Only asking $155,444 per unit. (id:6770)
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