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Vernon,BC V1T7P8
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,660 sqft
Price per Sqft $193
Subdivision South Vernon
MLS Listing ID 10349715
Bedrooms 8
Year Built 1975
Property Sub-Type Freehold
Property Description
4-Plex Investment Property in Vernon's Growing Core A great opportunity to invest in one of Vernon's up-and-coming neighbourhoods. This 0.35-acre property features a well-maintained 4-plex with over 4,600 sq. ft. of total space. Each suite offers 2 spacious bedrooms, a full bathroom, and in-unit laundry/storage, all accessed through a shared central hallway. Two units have been recently renovated, and both upper suites feature new decks. There's plenty of parking at the rear and on the street. Current rents are significantly under market—three units are over $700 below potential—offering strong upside. Total monthly rent is $4,820, with tenants paying hydro. Located close to schools, amenities, and downtown Vernon, this is a solid buy-and-hold with future growth potential in both rental income and property value. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 3.0
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Building
Story 2
Sewer Municipal sewage system