506 Nelson Avenue, Penticton, British Columbia

$629,800

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3

Beds

2

Baths

1,586

Square feet

0.08

Acres

About 506 Nelson Avenue

Opportunity is calling, and this one delivers. Centrally located and income-generating from day one, this versatile property is a smart move for investors and homeowners alike, whether you're growing a portfolio or letting a tenant help carry the mortgage. Two fully self-contained living spaces give you real options: the upper residence offers 2 bedrooms and a full bath, a bright living area, functional kitchen, and the everyday convenience of main-floor laundry, while the lower level features a private 530 sq.ft. 1-bed, 1-bath suite with its own laundry and separate backyard access. Both open onto a spacious, fully fenced yard made for summer living. Move in with confidence: a new roof and hot water tank, both completed in 2023, mean the big-ticket items are already handled and in 1995 new electrical, plumbing, windows & insulation were updated. Outside, generous front and rear yards, rear lane access, and ample parking leave plenty of room for multiple vehicles, the RV, and the boat. Minutes from shopping, schools, parks, transit, and everyday amenities, this is that rare blend of location, flexibility, and lasting value. Whether you're expanding your investments or offsetting your mortgage with rental income, opportunities like this don't wait. Come see it before it's gone. Total sq.ft. calculations are based on the exterior dimensions of the building at each floor level & inc. all interior walls & must be verified by the buyer if deemed important. (id:6289)

Features of 506 Nelson Avenue

Listing # 10392992
Price $629,800
Bedrooms 3
Bathrooms 2.00
Square Footage 1,586
Acres 0.08
Year Built 1940
Type Single Family
Sub-Type Freehold

Community Information

Address 506 Nelson Avenue
Subdivision Main North
City Penticton
Province British Columbia
Postal Code V2A2L2

Amenities

Features Level lot
Parking Spaces 3
Parking Other, Rear, RV, Street, Additional Parking
Garages Other, Rear, RV, Street, Additional Parking
View Mountain view, View (panoramic)
Is Waterfront No
Has Pool No

Interior

Appliances Washer, Refrigerator, Oven - Electric, Dryer, Washer/Dryer Stack-Up
Heating Baseboard heaters, Electric
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Wood siding, Cedar Siding
Lot Description 0.08
Roof Asphalt shingle, Unknown

Listing Details

OfficeChamberlain Property Group Inc.

Listing Map

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