850 Hollywood RoadN
MLS® Number: 10381211
$ 1,249,000
9
BEDROOMS
5 + 0
BATHROOMS
3,581
SQUARE FEET
1990
YEAR BUILT
Rare 7.6% CAP Rate – Turn-Key Multi-Unit Powerhouse! Stop searching for the ""perfect"" investment—it just arrived. This massive multi-generational estate offers a rare combination of high-yield cash flow and premium 2023 renovations. Currently generating a staggering $9,200/month in rental income from students and professionals, this property is a great cash flow investment. The Layout: Main Residence: Spacious 9 Bedrooms / 5 Bathrooms, 4 kitchen home. Dual Suites: Two fully self-contained 2-Bedroom suites. Bonus Potential: A dedicated bachelor suite (plumbed/ready for easy bathroom install). The $250,000 Edge: Forget the typical ""run-down"" rental. This home was extensively updated in 2023. We’re talking a brand-new roof, modern bathrooms, fresh upstairs flooring, and professional landscaping. Prime Location: Situated in a quiet, safe Rutland North pocket right behind Pearson Elementary. It’s perfectly positioned on a major bus route to UBCO, ensuring your vacancy rate stays near zero. Whether you’re looking for a blue-chip addition to your portfolio or a multi-generational family home that pays for itself, this is it. PS: Windows and Furnace are original but in good working order. Measurements are from iGuide, if important, please re-measure.
| COMMUNITY | |
| PROPERTY TYPE | |
| BUILDING TYPE | |
| STYLE | Bi-Level |
| YEAR BUILT | 1990 |
| SQUARE FOOTAGE | 3,581 |
| BEDROOMS | 9 |
| BATHROOMS | 5.00 |
| BASEMENT | Separate Entrance, Finished, Full |
| AMENITIES | |
| APPLIANCES | |
| COOLING | Central Air |
| FIREPLACE | N/A |
| FLOORING | |
| HEATING | |
| LAUNDRY | |
| LOT FEATURES | |
| PARKING | |
| RESTRICTIONS | |
| ROOF | Unknown |
| TITLE | |
| BROKER | Royal LePage Kelowna |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|