Exceptional 8-Unit Development Opportunity on Government Street. This prime property presents an excellent opportunity for developers or investors, with preliminary designs in place for two 4-plex development sites (8 units total). Conveniently located near the hospital, IGA, and public transit, the site offers both accessibility and strong future growth potential. Currently, the property features a home that is rented for $1,700 per month plus utilities, providing holding income while you plan your project. With the groundwork already underway and preliminary designs available, this is an ideal chance to move forward with a profitable development in a sought-after area. Whether you’re looking to build and sell, hold as a rental investment, or add to your portfolio, this property offers flexibility and strong upside. (id:45055)
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Property Details
MLS® Number 10361847 Property Type Single Family Neigbourhood Main North AmenitiesNearBy Schools, Shopping ParkingSpaceTotal 2 -
Building
BathroomTotal 1 BedroomsTotal 3 ArchitecturalStyle Ranch BasementType Cellar ConstructedDate 1930 ConstructionStyleAttachment Detached ExteriorFinish Other FireplaceFuel Gas FireplacePresent Yes FireplaceTotal 1 FireplaceType Unknown HeatingType Forced Air, See Remarks RoofMaterial Asphalt Shingle RoofStyle Unknown StoriesTotal 1 SizeInterior 2,066 Ft2 Type House UtilityWater Municipal Water Additional Parking Other -
Land
AccessType Easy Access Acreage No LandAmenities Schools, Shopping Sewer Municipal Sewage System SizeIrregular 0.19 SizeTotal 0.19 Ac|under 1 Acre SizeTotalText 0.19 Ac|under 1 Acre -
Rooms
Level Type Length Width Dimensions Second Level Storage 12'0'' x 14'0'' Second Level Other 20'0'' x 12'0'' Main Level Living Room 26'6'' x 13'4'' Main Level Kitchen 9'0'' x 17'8'' Main Level Dining Nook 4'0'' x 7'0'' Main Level Bedroom 9'8'' x 7'7'' Main Level Bedroom 12'6'' x 11'10'' Main Level Primary Bedroom 10'8'' x 13'4'' Main Level 4pc Bathroom Measurements not available -
Utilities
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December 19 2025 06:30:25
Association of Interior REALTORS®
RE/MAX Penticton Realty, Homelife Benchmark Titus Realty
