$1,099,000

3500 24 Avenue, Vernon

South Vernon, Vernon, BC V1T1L8

8 bd · 4 ba · 3,760 sq ft · Townhome / duplex

Listed by 3 Percent Realty Inc.

About this property

Turn key investment in excellent condition with strong cash flow at approximately 7.4% cap rate. This duplex was suited with separate entrances, new electrical panels, wiring in lower units and plumbing along with high efficiency furnaces and AC units and four updated kitchens. Each unit has been fully updated over the years including each having their own entrance, laundry, five appliances and two parking stalls. There are newer hot water tanks and a newer roof with upgraded insulation, soffit, fascia and gutters. Most of the windows have been replaced as well as all exterior doors. The exterior was painted and the front yard landscaped in 2025. All units have updated flooring, and have been fully painted including the walls, trim and doors. Concrete and fencing was added in the back yard. Backyard is private with grapes, fruit tree and lawn with four patio areas. Tenants are responsible for snow removal and keeping their area tidy. Convenient location close to down town and it is on a bus route. (id:67417)

Property details

Price

$1,099,000

MLS® number

10400020

Property type

Townhome / duplex · Fourplex · Single Family

Ownership

Freehold

Bedrooms

8

Bathrooms

4

Living area

3,760 sq ft

Year built

1968

Storeys

2

Parking spaces

6

Annual taxes

$5,569

Community

South Vernon, Vernon

Features

Heating

Forced air, See remarks

Cooling

Central air conditioning

Parking

Carport, Other, Street

Roof

Asphalt shingle, Unknown

Exterior

Wood, Other

Water

Municipal water

Sewer

Municipal sewage system

Rooms

Level	Room	Size
Basement	Full bathroom
Basement	Full bathroom
Basement	Bedroom	9' x 11'5''
Basement	Bedroom	9' x 11'5''
Basement	Living room	11'6'' x 20'
Basement	Living room	11'6'' x 20'
Basement	Kitchen	9' x 9'
Basement	Kitchen	7' x 9'
Basement	Primary Bedroom	12' x 10'9''
Basement	Primary Bedroom	12' x 10'9''
Main level	Full bathroom
Main level	Full bathroom
Main level	Bedroom	11' x 8'5''
Main level	Bedroom	11' x 8'5''
Main level	Primary Bedroom	11'4'' x 11'10''
Main level	Primary Bedroom	11'4'' x 11'10''
Main level	Living room	17'8'' x 11'
Main level	Kitchen	19' x 11'
Main level	Living room	17'8'' x 11'
Main level	Kitchen	19' x 11'

View on map