1100 George Street

$1,500,000

10226751
MLS#

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Description

Excellent investment property with 15 furnished units plus space for additional units or bring your ideas. This well kept building is situated on two titles (lot 18 & lot 19) the 2 lots combined are .34 of an acre. The property is located in the heart of the down town core of Enderby and boasts much history over the years. Some updates include eaves troughs in 2018, new metal roof and security fencing in 2019, some hardy board and firewall in 2020. The units are rented by the month due to COVID at approximately $10,000.00 per month, there are no rental agreements in place. The lodge was operated as a hotel previously at a greater income. The sellers pay the utilities (gas, hydro, cable, water & sewer, together is approx. 1500.00+ per month ), 2 pellet stoves on site for winter heating. Representations, expressed or implied, with regards to the correctness, accuracy and/or reliability of the data supplied, information important to the buyer should be verified.The potential for a larger income is eminent for this multiple use property that is zoned C-2.

Overview

  • Price $1,500,000
  • MLS # 10226751
  • Exterior Vinyl siding
  • Water Municipal water
  • Sewer Municipal sewage system
  • Landscape Features Landscaped, Fruit trees/shrubs

Contact Scott for more information or to set up a viewing.

Contact Us (250) 470-2388