Exceptional Multifamily Investment Opportunity in Prime Vernon Location. Discover the potential of this income-generating four-plex situated on a spacious 0.29 acre lot in a highly convenient location. Whether you're expanding your real estate portfolio or stepping into multifamily investing, this property offers incredible value, versatility & potential. The building features four separate units with a shared front and rear entry, central hallway, and common laundry area. Three of the units offer three bedrooms, while the fourth unit has two bedrooms — all with functional layouts, including galley kitchens with dining areas, generous living rooms, and primary bedrooms featuring 2-piece ensuites. Outside, the partially fenced and treed backyard provides privacy and shade, while the ample front parking area has potential to accommodate RV or boat parking — a rare and desirable feature. Just steps away from community recreation, shopping, transit, and all the amenities Vernon has to offer, this property presents an attractive opportunity with potential of a 6%+ cap rate, whether you're looking to renovate, rent, or hold a multi-unit residential building in a central, high-demand area. Don't miss out — book your private viewing today! (id:58444)
MLS® Number | 10359057 |
Property Type | Single Family |
Neigbourhood | City of Vernon |
Amenities Near By | Public Transit, Park, Recreation, Schools, Shopping |
Community Features | Family Oriented, Rentals Allowed |
Parking Space Total | 8 |
View Type | Valley View, View (panoramic) |
Bathroom Total | 8 |
Bedrooms Total | 11 |
Appliances | Refrigerator, Range - Electric, Washer & Dryer |
Architectural Style | Other |
Constructed Date | 1972 |
Cooling Type | Wall Unit |
Exterior Finish | Vinyl Siding |
Flooring Type | Carpeted, Linoleum |
Half Bath Total | 4 |
Heating Type | Baseboard Heaters, Hot Water |
Roof Material | Asphalt Shingle |
Roof Style | Unknown |
Stories Total | 2 |
Size Interior | 5,164 Ft2 |
Type | Fourplex |
Utility Water | Municipal Water |
Access Type | Easy Access |
Acreage | No |
Fence Type | Other |
Land Amenities | Public Transit, Park, Recreation, Schools, Shopping |
Sewer | Municipal Sewage System |
Size Irregular | 0.29 |
Size Total | 0.29 Ac|under 1 Acre |
Size Total Text | 0.29 Ac|under 1 Acre |
Zoning Type | Unknown |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Lower Level | Bedroom | 11'6'' x 8'7'' | ||
Lower Level | Laundry Room | 5'1'' x 9'2'' | ||
Lower Level | Storage | 7'8'' x 3'7'' | ||
Lower Level | 4pc Bathroom | 8'0'' x 7'0'' | ||
Lower Level | 2pc Ensuite Bath | 6'9'' x 3'1'' | ||
Lower Level | Primary Bedroom | 11'6'' x 15'9'' | ||
Lower Level | Kitchen | 9'9'' x 13'5'' | ||
Lower Level | Living Room | 11'10'' x 17'4'' | ||
Lower Level | 4pc Bathroom | 7'8'' x 6'11'' | ||
Lower Level | 2pc Ensuite Bath | 7'2'' x 3'1'' | ||
Lower Level | Bedroom | 9'3'' x 12'5'' | ||
Lower Level | Bedroom | 11'8'' x 8'7'' | ||
Lower Level | Primary Bedroom | 11'8'' x 15'9'' | ||
Lower Level | Kitchen | 9'7'' x 13'5'' | ||
Lower Level | Living Room | 17'4'' x 12'0'' | ||
Main Level | Storage | 8'0'' x 4'6'' | ||
Main Level | Kitchen | 9'9'' x 13'5'' | ||
Main Level | Living Room | 11'6'' x 17'4'' | ||
Main Level | 4pc Bathroom | 8'0'' x 7'0'' | ||
Main Level | Bedroom | 9'5'' x 12'5'' | ||
Main Level | Bedroom | 11'6'' x 8'7'' | ||
Main Level | 2pc Ensuite Bath | 6'9'' x 3'1'' | ||
Main Level | Primary Bedroom | 11'6'' x 15'9'' | ||
Main Level | Storage | 7'8'' x 4'6'' | ||
Main Level | Bedroom | 9'2'' x 12'5'' | ||
Main Level | 4pc Bathroom | 7'8'' x 6'11'' | ||
Main Level | Bedroom | 11'9'' x 8'7'' | ||
Main Level | 2pc Ensuite Bath | 7'3'' x 3'1'' | ||
Main Level | Primary Bedroom | 11'9'' x 15'9'' | ||
Main Level | Kitchen | 9'2'' x 13'5'' | ||
Main Level | Living Room | 12'1'' x 17'4'' |
https://www.realtor.ca/real-estate/28732506/3710-25-avenue-vernon-city-of-vernon
Contact us for more information
Lisa Salt
(250) 549-7258
saltfowler.com/
Christie King
(250) 549-7258
saltfowler.com/
Gordon Fowler
Personal Real Estate Corporation
(250) 549-7258
saltfowler.com/