$945,000

3601 31 Street, Vernon

City of Vernon, Vernon, BC V1T5J4

2,500 sq ft · Commercial

Listed by RE/MAX Vernon

About this property

Great investment opportunity in Downtown Vernon! Central location right near Civic Memorial Park, and the Vernon Tourism Office. A nicely renovated 6-Plex which includes 5 x 1 Bedroom Suites, as well as 1 Bachelor suite. Fully rented with great tenants, ( 2026 projected rental Income ) $6,164 total per month ($73,968 per year) , of rental income. Easy to manage building, with the location & affordability, the suites rent quickly when available. Coin Operated Laundry Room. Many upgrades include paint, flooring, and 2 fireplaces. Zoning CMUB ( Commercial Mixed Use Buisness) allows for many uses see supplements for list of permitted uses. (id:67417)

Property details

Price

$945,000

MLS® number

10393562

Property type

Commercial · Multi-Family · Multi-family

Ownership

Freehold

Living area

2,500 sq ft

Lot size

0.15 acres · 0.15

Year built

1950

Storeys

2

Parking spaces

6

Annual taxes

$5,260

Community

City of Vernon, Vernon

Features

Heating

Forced air, See remarks

Parking

Offset, Rear

View

City view, View (panoramic)

Fireplace

Free Standing Metal

Flooring

Laminate

Roof

Asphalt shingle, Unknown

Exterior

Vinyl siding

Appliances

Refrigerator, Range - Electric

Community

Pets Allowed, Rentals Allowed

Lot

Level lot

Water

Municipal water

Sewer

Municipal sewage system

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