4-Plex Investment Property in Vernon’s Growing Core A great opportunity to invest in one of Vernon’s up-and-coming neighbourhoods. This 0.35-acre property features a well-maintained 4-plex with over 4,600 sq. ft. of total space. Each suite offers 2 spacious bedrooms, a full bathroom, and in-unit laundry/storage, all accessed through a shared central hallway. Two units have been recently renovated, and both upper suites feature new decks. There’s plenty of parking at the rear and on the street. Current rents are significantly under market—three units are over $700 below potential—offering strong upside. Total monthly rent is $4,820, with tenants paying hydro. Located close to schools, amenities, and downtown Vernon, this is a solid buy-and-hold with future growth potential in both rental income and property value. (id:4069)
Address
1604 45 Street
List Price
$899,900
Property Type
Single Family
Type of Dwelling
Fourplex
Transaction Type
sale
Area
British Columbia
Sub-Area
Vernon
Bedrooms
8
Bathrooms
4
Floor Area
4,660 Sq. Ft.
Year Built
1975
MLS® Number
10349715
Listing Brokerage
Coldwell Banker Executives Realty
Basement Area
Full
Postal Code
V1T7P8
