220-222 Vernon Street
Nelson, British Columbia
MLS® 10400573
$969,000
- Status
- Active
- Property type
- House
- MLS® number
- 10400573
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1936
Listing description
A rare four-unit investment opportunity in the heart of Nelson, 220–222 Vernon Street offers two detached homes, each with its own legal suite, on a spacious 6,000 sq. ft. lot just steps from downtown.
The property is fully rented and provides immediate income from two 2-bedroom units and two 1-bedroom units, making it well suited to Nelson’s strong rental market. Both buildings have recently had the electrical updated and one of the units also features a brand-new bathroom. Zoned commercial, the property offers potential for future development or mixed-use applications while providing a stable multi-family income stream today.
Tenants enjoy an unbeatable location within easy walking distance of Baker Street’s shops, restaurants, and cultural attractions. With four independent units, two detached homes, commercial zoning, and a central location, this is a compelling opportunity for investors seeking reliable cash flow and long-term potential.
Property summary
- MLS® number
- 10400573
- Property type
- Single Family
- Building type
- Fourplex
- Square footage
- 3,790 sq ft
- Title
- Freehold
- Land size
- 0.14 acres
- Built in
- 1936
- Annual property taxes
- $5,270.96
- Parking
- 4 spaces · Additional Parking
- Days on market
- 22 days
Features & details
- Heating
- Baseboard heaters, Forced air
- Basement
- Full
- Flooring
- Mixed Flooring
- Exterior features
- Stucco
What would this home cost you?
Based on the $969,000 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 Bennett Family Real Estate, Nelson.
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.