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$ 2,350,000
Est. payment /mo
Price Dropped by $50K
3710-3712 24 Avenue Vernon, BC V1T1L9
0.54 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Strata
Listing Status Active
Purchase Type For Sale
Subdivision City Of Vernon
MLS® Listing ID 10386053
Condo Fees $3,517/mo
Year Built 1997
Lot Size 0.540 Acres
Acres 0.54
Property Sub-Type Strata
Property Description
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:24570)
Location
Province BC
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Mixed Flooring
Exterior
Parking Features No
Community Features Rentals Allowed
View Y/N Yes
View City view, Mountain view, View of water
Roof Type Unknown
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Strata
Virtual Tour https://youtu.be/7OrpzxsWXRg
Listed by RE/MAX Vernon
NEARBY SCHOOL & BUSINESS
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