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:4069)
Address
3710 25 Avenue
List Price
$974,900
Property Type
Single Family
Type of Dwelling
Fourplex
Style of Home
Other
Transaction Type
Sale
Area
British Columbia
Sub-Area
Vernon
Bedrooms
11
Bathrooms
8
Floor Area
5,164 Sq. Ft.
Lot Size
0.29 Ac.
Year Built
1972
MLS® Number
10359057
Listing Brokerage
RE/MAX Vernon Salt Fowler
Postal Code
V1T1P3
Site Influences
Public Transit, Park, Recreation, Schools, Shopping, View
