3710-3712 24 Avenue
Vernon, British Columbia
MLS® 10386053
$2,250,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 10386053
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1997
1 / 100Listing description
Investors. How interested would you be in an investment 2 bedroom townhome for only $164,300? How about 14 of them, all at $164,300?
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.
Property summary
- MLS® number
- 10386053
- Property type
- Multi-family
- Building type
- Multi-Family
- Title
- Condo/Strata
- Land size
- 0.54 acres
- Built in
- 1997
- Annual property taxes
- $18,746.00
- Days on market
- 113 days
Features & details
- Heating
- Baseboard heaters, Electric
- Flooring
- Mixed Flooring
- Exterior features
- Vinyl siding, Aluminum
- Lot features
- Balcony
- Community features
- Rentals Allowed
- View
- City view, Mountain view, View of water
- Waterfront
- Waterfront on creek
- Strata fee
- $3,517.87 / Monthly
What would this home cost you?
Based on the $2,250,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Vernon, Vernon.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.