INVESTMENT OPPORTUNITY | 4 RENTAL UNITS | APPROX. 7.65% PROJECTED CAP RATE. A compelling income-producing opportunity in central Vernon offering four self-contained 2-bedroom rental units and multiple income streams. Three units are currently tenanted, with the fourth currently available for rent. Offering 8 bedrooms, 4 bathrooms and approximately 3,625 sq. ft. of finished living space, with private entrances, in-suite laundry and ample off-street parking. Seller reports $100,000+ invested in renovations and improvements during 2024–2025. Conveniently located near shopping, schools, parks, recreation and transit. An attractive opportunity for investors seeking an improved multi-unit rental property with strong income potential. Rent roll, financial information, floor plans and virtual tours available upon request. (id:4069)
Address
4018 Pleasant Valley Road
List Price
$1,149,000
Property Type
Single Family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
British Columbia
Sub-Area
Vernon
Bedrooms
8
Bathrooms
4
Floor Area
3,625 Sq. Ft.
Lot Size
0.18 Ac.
Year Built
1971
MLS® Number
10398298
Listing Brokerage
Oakwyn Realty Okanagan-Letnick Estates
Basement Area
Full
Postal Code
V1T4M2
Ownership
Freehold
Parking Places (Total)
6
Site Influences
Public Transit, Park, Recreation, View
Features
Balcony
Appliances
Refrigerator, Dishwasher, Range - Electric, Washer & Dryer
Heat Type
Forced air, See remarks
Cooling Features
Wall unit
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Municipal sewage system
