250-351-4617 info@karinjefferies.ca


3713 24th Avenue, Vernon, British Columbia V1T 1L7

Baseboard Heaters


INVESTOR ALERT! A hidden gem investment fourplex that is fully tenanted in central location within walking distance to downtown Vernon.Many improvements by owner over recent years including new exterior windows,roof and gutters, exterior doors,some bath tubs or enclosures,some toilets & sinks and all new(2 years) hot water tanks.New one year lease just signed with the balance m-t-m.Rents range from 772.00 to $1350 with 3 units below market rents.All units are 3 bedrooms and full bath upstairs with livingroom,kitchen and 1/2 bath on mainfloor.Accessible crawlspace for extra storage. Each unit has a separate parking stall,storage room and fenced front yard..Offered at 5.028 cap with potential attainable cap rate up to 7%.!Gross annual income of $48,480.Elementary/Secondary schools nearby.Upside potential on rents.Potential for future expansion or stratification possibilities..Potential for future expansion or stratification possibilities.Call Michael Sandstra @250.307.7318 or visit MikeSandstra.com for more information on this and other great listings! (id:29266)

Property Details

MLS® Number 10213379
Property Type Multi-family
Neigbourhood City of Vernon


Constructed Date 1972
Exterior Finish Wood Siding, Stucco
Fireplace Present No
Heating Type Baseboard Heaters
Roof Material Asphalt Shingle
Roof Style Conventional
Type Row / Townhouse
Utility Water Municipal Water


Acreage No
Sewer Municipal Sewage System
Size Irregular 0.28
Size Total 0.28 Ac|under 1 Acre
Size Total Text 0.28 Ac|under 1 Acre


Sewer Available



Contact us for more information

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Michael Sandstra
Personal Real Estate Corporation

(250) 549-2103
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