Beautiful Downtown Enderby Home
Now SOLD Thanks!
This large 4 Bedroom, 2 Bathroom 1940's character home also offers a Full lower level in-law Large 1 Bedroom Suite that can be used as a mortgage helper. A two storey design with a fully developed basement suite, you'll enjoy the almost 3,000 sqft of finished floor space. Comes with two sets of kitchen appliances and a common laundry/storage area. Great floor plan, well set up for two families with option to live separately or combined; you choose. Seller has completed recent renovations including adding the basement suite, but also new plumbing, upgraded wiring with 200Amp panel, New hot water tank, painting in and out, refinished hardwood floors and more. The downtown corner lot offers good privacy with the tree lined 82' x 100' lot boasting 0.2 Acres in size. There is a garden shed, a storage garage and lots of parking off the side street. The backyard offers an enchanting patio area, full garden and there are Cherry and Pear fruit trees along with grape vines and raspberries. You'll enjoy the climate Enderby offers the gardener! Have your renters pay off your mortgage in just 10 years or create a revenue of over $1000/month! See below for details on revenue options!
A leisurely walk can take you to the downtown heritage shopping area or the Shuswap River for a summers day of enjoyment. Known for the popular River floating where you can spend hours floating down the River to Mara Lake. Call Today! YOU'll be glad YOU Did! Toll Free at 1-866-463-2791 or local at 250-804-6288. SOLD@BIGRob.ca
Buyers wanted! Inquire within!
CLICK HERE to Learn More About ENDERBY!
Property Offers:
Huge corner lot surrounded by large mature trees and shrubs
Front sidewalk, on-site parking, detached single garage
Mature garden with fruit trees, berries & vegtables
Large lawns, private patio, garden shed, vine trellis
Separate Suite entrance off side street side
Many upgrades including new basement suite
New cabinets, sanded & refinished hardwood floors
Updated wiring (about 80% replaced), 200Amp panel
Painted in and out, well maintained, Pride of ownership
Walk to schools, shopping, recreation & amenities
4 Bedrooms & 2 Bathrooms upstairs; Two levels
Wood burning fireplace, upgraded washrooms
1 Bedroom with 1 Bathroom downstairs
Total of 2780 sqft with 5 Bedrms & 3 Bathrms!
Investment Property
Should you choose to purchase the property for revenue with the existing tenants, the most recent rents were $2100/month
$1500 for the upper floors and $600 for the basement suite. With a 25% down payment and current interest rates (3%) you could amortize the purchase over 10 years and have the mortgage PAID OFF! Or you could amortize the mortgage over conventional terms of 30 years and create a TRUE REVENUE property earning a return on your investment of over $1,000/month! That's over a 15% CAP Rate on your cash downpayment while the tenants pay off your mortgage.
Personal Property
You could also choose to live at the property and use one of the rental incomes as a mortgage helper?
With a 10% down payment, current interest rate (3%) and a 30 year amortization term you could live downstairs for FREE and have the upstairs tenant payoff your mortgage for you or you could live upstairs and use the lower suite as a mortgage helper keeping your monthly mortgage payments to under $500/month!
This property qualifies as a "BUY SMART" property that will either contribute to your existing real estate holdings or be a great launch to growing your real estate investments. Be smart, call Rob today for more info.... We'll be more than happy to arrange your personal viewing of the property and discuss the many options available to you!
(Note: Home is now vacant - Shows Easily)
Call Today!
Rob McKibbon
C21 Lifestyles
1-866-463-2791
250-804-6288
SOLD@BIGRob.ca