3801 27 AvenueVernonBritish ColumbiaV1T1S7

Built in 2019, this 10-unit residential building epitomizes a lucrative investment opportunity in Vernon, British Columbia. Situated in close proximity to the bustling town center, this two-story structure offers the perfect blend of urban accessibility and suburban tranquility, enhancing its appeal to potential investors seeking high rental demand. Comprising six one-bedroom units and four two-bedroom, two-bathroom units, designed with contemporary finishes and abundant natural light, this property presents a diverse portfolio for investors looking to diversify their holdings. With an impressive track record of full occupancy since its inception, this building offers a consistent and reliable income stream, making it an ideal addition to any investment portfolio. A designated open parking area for each suite further enhances its appeal, ensuring convenience for both tenants and visitors. In an era where real estate investments are highly sought after, this property stands as a testament to the enduring value and profitability of strategic property acquisitions. Whether you're an experienced investor or a newcomer to the market, this building offers a compelling opportunity to capitalize on the thriving rental market in Vernon, where convenience meets financial prosperity. (id:35966)

Listing Details

Property Details

Full Address:
3801 27 Avenue, Vernon, British Columbia
Price:
$ 2,999,000
MLS Number:
10306524
List Date:
March 13th, 2024
Neighbourhood:
City of Vernon
Lot Size:
0.34 ac
Year Built:
2019
Taxes:
$ 11,002

Interior Features

Air Conditioning:
Wall unit
Heating:
Baseboard heaters

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Multi-Family
Ownership Type:
Freehold
Taxes:
$ 11,002

Floors

Finished Area:
9650 sq.ft.

Land

Lot Size:
0.34 ac

Neighbourhood Features

Ratings

Commercial Info

Location

Neighbourhood Details