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:4069)
Address
3506 24 Avenue
List Price
$950,000
Property Type
Single Family
Type of Dwelling
Fourplex
Transaction Type
sale
Area
British Columbia
Sub-Area
Vernon
Bedrooms
8
Bathrooms
4
Floor Area
4,082 Sq. Ft.
Lot Size
0.18 Ac.
Year Built
1969
MLS® Number
10356110
Listing Brokerage
RE/MAX Vernon
Basement Area
Full
Postal Code
V1T1L8
Site Influences
Park, Shopping
