$ 2,350,000 3710-3712 24 Avenue

This listing presented by Stephen Buck. Contact Stephen by phone: 250-860-1100 or email direct here.

Listing Info

Area: Vernon
Property Type: Multi-family
Ownership: Strata
MLS® Number: 10386053
Year Built: 1997
Lot Size: 0.54
Listing Status: Active
List Price: $ 2,350,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Multi-family – Vernon

Investors. How interested would you be in an investment 2 bedroom townhome for only $167,900? How about 14 of them, all at $167,900? 14 separately titled strata townhome properties in 2 separate twin buildings of 7 units each offered as one package. Each unit is currently rented with monthly rents between $800.00 and $1600.00. Each building consists of 4 near identical 2 bedroom and 1 bath 712 sq ft ground floor units and 3 upper level 2 bedroom 1 bath units averaging approximately 820 sq ft for approx. 5300 sq ft of living area per building. Good location, on the bus route and convenient to all that Vernon has to offer. Property is flat, fully usable and has a creek at the rear. Note not a foreclosure but a court ordered sale and priced to go. This property needs work but huge upside potential for someone to inject some capital and invest some time and sweat equity. Great for a solo investor, a group of friends or like minded partners, or a charity or non profit organization looking for multiple properties in 1 location. The present Vernon vacancy and rental market is quite healthy and still is a bit of a ""landlord's market"". Please note at this time the offering is only for all 14 units as 1 package. Call or visit our web page for more info, a full package or to book a viewing. (id:6769)

Construction Info

Flooring: Mixed Flooring
Sewer: Municipal sewage system
Parking: 0

Rooms Dimension

Listing Agent:

Don Defeo
(250) 558-8762

Brokerage:

RE/MAX Vernon
(250) 549-4161
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