Turn-key income property offering positive cash flow and exceptional tenant stability. This detached home features two self-contained suites generating $4,630/month in rental income. Upper suite (3 bed + den, 1.5 bath) rented at $2,455 + 65% utilities to tenants who have occupied the suite for over a year and recently committed to a long-term renewal. Lower suite (2 bed + den, 1 bath) rented at $2,175/month to tenants of over four years. All major mechanical upgrades have been completed, including a Lennox high-efficiency furnace (2023), central air conditioning (2022), and hot water tank replaced Dec. 2024. The home features a metal roof and has seen numerous cosmetic improvements over the past five years, resulting in a well-maintained property with no capital or cosmetic upgrades required. Additional highlights include underground sprinklers and a well-maintained yard, with exterior care handled by the tenants, contributing to low ongoing maintenance. Situated in a quiet residential area just one block from Brock Shopping Plaza, offering convenient access to shopping and amenities. A low-maintenance investment with strong tenant history and consistent cash flow. (id:4069)
Address
543 DESMOND Street
List Price
$759,900
Property Type
Single Family
Type of Dwelling
Single Family
Transaction Type
Sale
Area
British Columbia
Sub-Area
Kamloops
Bedrooms
5
Bathrooms
3
Floor Area
2,413 Sq. Ft.
Lot Size
0.17 Sq. Ft.
Year Built
1981
MLS® Number
10374055
Listing Brokerage
RE/MAX Real Estate (Kamloops)
Basement Area
Full
Postal Code
V2B5J9
Site Influences
Golf Nearby, Airport, Park, Recreation, Shopping
Features
Cul-de-sac, Level lot
