Charming Character Home with In-Law Suite & Rental Income Potential! This 1,970 sq. ft. 3 Bedroom, 2 bathroom home offers fantastic income opportunities with the upstairs possibly bringing in $2,000+ and the downstairs potential of $1,100+. This property is priced to reflect the TLC needed, the bones are strong with recent updates, including a 200-amp electrical upgrade (2023), a new front window (2024), and upgraded stainless steel appliances and has potential to add another 2 bedrooms by updating the windows to a larger size. Located on a corner lot with alley access, this home features original hardwood floors, high ceilings, and a spacious in-law suite with its own entrance and laundry—perfect for multi-generational living or rental income. The property also offers privacy, mature fruit trees, garden space, and ample parking. With R4-S zoning and QUICK POSSESSION available, this is a rare opportunity to make it your own while capitalizing on its rental potential and future development opportunities. Just minutes from Okanagan Lake, downtown Penticton, and more! Don’t miss out! Buyer to verify measurements. (id:41613)

Full Address:
394 WADE Avenue West, Penticton, British Columbia
Price:
$ 624,900
MLS Number:
10334403
List Date:
February 6th, 2025
Neighbourhood:
Main North
Lot Size:
0.13 ac
Year Built:
1945
Taxes:
$ 3,225
Ownership Type:
Freehold

Property Specifications

Bedrooms:
3
Bathrooms:
2
Appliances:
Washer, Refrigerator, Dishwasher, Range, Dryer
Heating:
Forced air, See remarks

Interior Features

Architectural Style:
Ranch
Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Vinyl siding
Garage:
Other, RV, See Remarks
Garage Spaces:
1

Building Features

Finished Area:
1970 sq.ft.
Rooms:

Floors

View:
Mountain view
Lot Size:
0.13 ac
Water Frontage Type:
Other
Lot Features:
Level lot, Corner Site

Land

Neighbourhood Features

Amenities Nearby:
Family Oriented

Ratings

Commercial Info

Location

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Neighbourhood Details

Agent: Heather SmithBrokerage: RE/MAX Penticton Realty Phone: 250-486-7126

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