3500 24 Avenue
Vernon, British Columbia
MLS® 10400020
$1,099,000
- Status
- Active
- Property type
- House
- MLS® number
- 10400020
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- 1968
1 / 62Listing description
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.
Property summary
- MLS® number
- 10400020
- Property type
- Single Family
- Building type
- Fourplex
- Square footage
- 3,760 sq ft
- Title
- Freehold
- Built in
- 1968
- Annual property taxes
- $5,569.00
- Parking
- 6 spaces · Carport, Other, Street
- Days on market
- 8 days
Features & details
- Heating
- Forced air, See remarks
- Cooling
- Central air conditioning
- Exterior features
- Wood, Other
What would this home cost you?
Based on the $1,099,000 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 3 Percent Realty Inc., 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.