$1,650,000
Exciting opportunity to acquire a 12-Suite apartment building located close to Vernon Jubilee Hospital and Downtown Vernon. While some units have been renovated, upside in rental income still remains. Built in 1953, this wood-frame apartment complex is comprised of two buildings offering twelve residential rental units. Suite mix is eight 1-bedroom suites and four 2-bedroom suites. The buildings also features a newer roof and Hardi-board siding. Each unit is accessed from the exterior of the building, meaning less common area for the landlord to maintain. A driveway runs through the property between the two buildings and offers parking for the tenants. The property features a newer gabled asphalt roof. Rental units are individually metered for electricity and feature baseboard heaters. This is an excellent opportunity for first-time multifamily investors or investors looking to add to their multifamily portfolio. (id:37990)
Property Details
MLS® Number |
10272858 |
Property Type |
Multi-family |
Neigbourhood |
City of Vernon |
Amenities Near By |
Golf Course, Ski Hill, Park |
Features |
Central Location, Corner Site |
Building
Constructed Date |
1953 |
Roof Material |
Asphalt Shingle |
Roof Style |
Conventional |
Type |
Multi-family |
Utility Water |
Municipal Water |
Land
Access Type |
Easy Access |
Acreage |
No |
Land Amenities |
Golf Course, Ski Hill, Park |
Sewer |
Municipal Sewage System |
Size Irregular |
0.229 |
Size Total |
0.229 Ac|under 1 Acre |
Size Total Text |
0.229 Ac|under 1 Acre |
Utilities
https://www.realtor.ca/real-estate/25522213/1809-33-street-vernon-city-of-vernon