Penthouse
11 Bedrooms
8 Bathrooms
Size: 5,164 sqft
Mnt Fee:
$974,900
About this Penthouse in City of Vernon
Exceptional Multifamily Investment Opportunity in Prime Vernon Location. Discover the potential of this income-generating four-plex situated on a spacious 0.29 acre lot in a highly convenient location. Whether you're expanding your real estate portfolio or stepping into multifamily investing, this property offers incredible value, versatility & potential. The building features four separate units with a shared front and rear entry, central hallway, and common laundry area. Three of the units offer three bedrooms, while the fourth unit has two bedrooms — all with functional layouts, including galley kitchens with dining areas, generous living rooms, and primary bedrooms featuring 2-piece ensuites. Outside, the partially fenced and treed backyard provides privacy and shade, while the ample front parking area has potential to accommodate RV or boat parking — a rare and desirable feature. Just steps away from community recreation, shopping, transit, and all the amenities Vernon has to offer, this property presents an attractive opportunity with potential of a 6%+ cap rate, whether you're looking to renovate, rent, or hold a multi-unit residential building in a central, high-demand area. Don't miss out — book your private viewing today! (id:14735)
Listed by RE/MAX Vernon Salt Fowler.
Brought to you by your friendly REALTORS® through the MLS® System and OMREB (Okanagan Mainland Real Estate Board), courtesy of Team 3000 Realty Ltd. (Okanagan) for your convenience.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
More Details
- MLS®10359057
- Bedrooms11
- Bathrooms8
- TypePenthouse
- Size5,164 sqft
- Year Built1972
More about City of Vernon, Vernon
Latitude: 50.2598821
Longitude: -119.2857564
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