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:4069)
Address
394 WADE Avenue W
List Price
$624,900
Property Type
Single Family
Type of Dwelling
House
Style of Home
Ranch
Area
British Columbia
Sub-Area
Penticton
Bedrooms
3
Bathrooms
2
Floor Area
1,970 Sq. Ft.
Lot Size
0.13 Sq. Ft.
Year Built
1945
MLS® Number
10334403
Listing Brokerage
RE/MAX Penticton Realty
Postal Code
V2A1V1
Site Influences
Golf Nearby, Park, Recreation, Schools, Waterfront, View
Features
Level lot, Corner Site
