3506 24 Avenue Vernon, British Columbia V1T 1L8

8 Bedroom 4 Bathroom 4,082 ft2
Hot Water, See Remarks

$950,000

Investor Alert!!! Turn-Key Fourplex in the Heart of Vernon. Opportunity knocks with this Fully Tenanted, Fully Managed, Purpose-Built Fourplex (full duplex with basement suites), ideally located in Central Vernon. Each Bright and Cheery 2-bedroom, 1-bath unit features Separate Mechanical Systems, In-Suite Laundry, and Private Fenced Yards, a highly desirable setup for both tenants and Low-Maintenance ownership. Recent Updates in Units B & D include New Flooring, Paint, Trim, Appliances, and Boiler in Unit D. With Excellent Existing Tenants, this property is already Cash Flow Positive and offers additional upside through potential rent increases. Enjoy ample On-Site Parking, and peace of mind with Professional Property Management already in place. A solid 6.49% cap rate at List Price, with room to grow—just sit back and let this Investment Work for You! (id:58444)

Property Details

MLS® Number 10356110
Property Type Single Family
Neigbourhood City of Vernon
Amenities Near By Park, Shopping
Parking Space Total 8

Building

Bathroom Total 4
Bedrooms Total 8
Basement Type Full
Constructed Date 1969
Heating Type Hot Water, See Remarks
Roof Material Other
Roof Style Unknown
Stories Total 2
Size Interior 4,082 Ft2
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Park, Shopping
Sewer Municipal Sewage System
Size Frontage 75 Ft
Size Irregular 0.18
Size Total 0.18 Ac|under 1 Acre
Size Total Text 0.18 Ac|under 1 Acre
Zoning Type Unknown

Rooms

Level Type Dimensions
Basement 4pc Bathroom 7'3'' x 4'2''
Basement Bedroom 10'9'' x 14'3''
Basement Primary Bedroom 10'8'' x 13'2''
Basement Living Room 22'2'' x 9'7''
Basement Kitchen 8'7'' x 12'1''
Basement 3pc Bathroom 7'6'' x 4'7''
Basement Bedroom 11'3'' x 11'3''
Basement Primary Bedroom 15'7'' x 10'7''
Basement Kitchen 10'11'' x 10'
Basement Living Room 11'3'' x 16'9''
Main Level Kitchen 12'1'' x 8'7''
Main Level 4pc Bathroom 7'3'' x 4'2''
Main Level Bedroom 10'9'' x 14'3''
Main Level Primary Bedroom 13'2'' x 10'8''
Main Level Living Room 22'2'' x 9'7''
Main Level 4pc Bathroom 7'3'' x 4'2''
Main Level Bedroom 13'2'' x 10'8''
Main Level Primary Bedroom 14'3'' x 10'9''
Main Level Kitchen 12'1'' x 8'7''
Main Level Living Room 22'2'' x 9'7''

https://www.realtor.ca/real-estate/28643685/3506-24-avenue-vernon-city-of-vernon

Contact Us

Contact us for more information

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Brandy De Bartolo
Personal Real Estate Corporation

(250) 558-8839
www.therightagents.com/

RE/MAX Vernon
5603 27th Street
Vernon, British Columbia V1T 8Z5

(250) 549-4161
(250) 549-7007
www.remaxvernon.com/

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