Pinnacles Road, Silver Star

Pinnacles Road, Silver Star

MLS® 10328676

An amazing opportunity to purchase two gems together at a discount price. These two properties are side by side, both located on Pinnacles rd. The 4 plex (Legal Tri-Plex with suite) and the Chalet income generator can be sold together. Please see mls 103283587 (4 Plex) & mls 10328648 (Chalet) for more detailed description. Chalet – Discover the ultimate alpine escape with this beautifully renovated property, offering an unbeatable combination of high revenue potential and low operating costs. This stunning home recently generated approximately $35,000 in just a few months, making it a lucrative opportunity for investors and vacation-home seekers alike. R1 zoning 4-Plex. Exceptional Income-Generating Investment Opportunity! Seize the chance to own this completely renovated 4-plex, legally designated as a triplex with an additional suite. This property offers a unique blend of modern upgrades and incredible earning potential. Fully rented with reliable long-term tenants through spring, it currently generates a robust rental income of $6,650 per month, ensuring immediate returns. The property is situated on a medium residential R3-zoned lot, unlocking incredible development opportunities. This zoning permits: Single-family and duplex builds: Up to 20 dwellings. subject to municipal approval). Townhome developments: Up to 40 units. subject to municipal approval). Apartment complexes: Potentially up to 100 units (subject to municipal approval). (id:55806)

Property Details

Full Address:
 Pinnacles Road, Silver Star, British Columbia
Price:
$ 2,199,900
MLS Number:
10328676
List Date:
November 15th, 2024
Neighbourhood:
Silver Star
Lot Size:
0.53 ac
Year Built:
1960
Taxes:
$ 7,845

Interior Features

Bedrooms:
6
Bathrooms:
6
Heating:
Baseboard heaters

Building Features

Architectural Style:
Bungalow
Storeys:
3
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Steel, Unknown
Zoning:
Residential
Exterior:
Other
Garage:
Street
Garage Spaces:
8
Ownership Type:
Freehold
Taxes:
$ 7,845

Floors

Finished Area:
2562 sq.ft.

Land

View:
Mountain view, View (panoramic)
Lot Size:
0.53 ac

Neighbourhood Features

Ratings

Commercial Info

Location

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