$674,900

3004 37 Street, Vernon

City of Vernon, Vernon, BC V1T6G5

5 bd · 2 ba · 2,297 sq ft · Single-family home

Listed by Coldwell Banker Executives Realty

About this property

Versatile income property in a prime Vernon location with development potential. Just minutes from downtown, shops, restaurants, and transit, this 5-bedroom home offers excellent flexibility for both investors and homeowners. With tenants currently in place upstairs and down, it’s a solid holding property with immediate income, currently generating $4,125 per month in rental revenue. The main level features 3 bedrooms and 1 bathroom, while the fully self-contained lower suite offers 2 bedrooms, 1 bathroom, and its own laundry. There is also potential to add a 6th bedroom downstairs with the installation of a window, creating additional value and flexibility. The home has seen numerous updates over the years, including a newer roof (2017), vinyl windows on the upper level, a furnace replaced in 2021, and a hot water tank updated in 2022. The basement has been renovated with updated flooring, trim, doors, and bathroom, and includes a newer dishwasher. Plumbing has been upgraded to PEX, and the backyard is wired for a hot tub with additional electrical roughed into the detached garage. Zoned MSH (Medium Scale Housing), this property also presents future development potential, making it an attractive option for those looking to invest in a growing area. Whether you're looking for a rental property or a home with a mortgage helper, this is a strong opportunity in a highly convenient location. (id:67417)

Property details

Price

$674,900

MLS® number

10385213

Property type

Single-family home · House · Single Family

Ownership

Freehold

Bedrooms

5

Bathrooms

2

Living area

2,297 sq ft

Lot size

0.12 acres · 0.12

Frontage

41 feet

Year built

1959

Storeys

1

Parking spaces

5

Annual taxes

$4,087

Community

City of Vernon, Vernon

Features

Style

Ranch

Basement

Full

Heating

Forced air, See remarks

Cooling

Central air conditioning

Parking

Detached Garage

Flooring

Tile, Laminate

Roof

Asphalt shingle, Unknown

Exterior

Stucco, Vinyl siding

Lot

Central island

Water

Municipal water

Sewer

Municipal sewage system

Fencing

Fence

Rooms

Level	Room	Size
Basement	Kitchen	9' x 7'6''
Basement	Bedroom	9'0'' x 9'0''
Basement	Living room	9' x 23'6''
Basement	Den	9'6'' x 11'0''
Basement	4pc Bathroom	5'6'' x 6'3''
Basement	Bedroom	16'0'' x 11'6''
Basement	Laundry room	11'3'' x 8'0''
Main level	4pc Bathroom	6'9'' x 8'6''
Main level	Bedroom	11'0'' x 8'8''
Main level	Bedroom	10'3'' x 12'0''
Main level	Primary Bedroom	10'6'' x 12'9''
Main level	Dining room	9'0'' x 12'0''
Main level	Kitchen	16'3'' x 12'6''
Main level	Living room	12'0'' x 12'0''

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