OPPORTUNITY FOR DEVELOPERS to purchase 2 lot land assembly, a total of 0.44 acres a multifamily development site zoned under UC. This corner lot land assembly is located in Rutland Central, close to Hwy 97. Currently, The 2 homes are tenant occupied and generating current rent of $9,340! This 6 storey multifamily building will provide 56 homes comprising a 2.10 FAR on 45,933 Sqft. Bonus FAR available up to 2.50 FAR. Distance to USC Okanagan is around 7 min and 8 min to Kelowna Airport. LAND ASSEMBLY: 2 LOTS: 545 Froelich Rd and 425 Leathead Rd. (MLS 10303540) (id:51013)
| MLS® Number | 10303615 |
| Property Type | Multi-family |
| Neigbourhood | Rutland North |
| Constructed Date | 1975 |
| Heating Type | No Heat |
| Stories Total | 1 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Surfaced |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.22 |
| Size Total | 0.22 Ac|under 1 Acre |
| Size Total Text | 0.22 Ac|under 1 Acre |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/26475158/545-froelich-road-kelowna-rutland-north
Contact us for more information
Angad Virk
(833) 817-6506
(833) 817-6506
www.exprealty.com/
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