1604 45 Street, Vernon, British Columbia

$950,000

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8

Beds

4

Baths

4,660

Square feet

1.00

Acre

About 1604 45 Street

4-Plex Investment Property in Vernon’s Growing Core A great opportunity to invest in one of Vernon’s up-and-coming neighbourhoods. This 0.35-acre property features a well-maintained 4-plex with over 4,600 sq. ft. of total space. Each suite offers 2 spacious bedrooms, a full bathroom, and in-unit laundry/storage, all accessed through a shared central hallway. Two units have been recently renovated, and both upper suites feature new decks. There’s plenty of parking at the rear and on the street. Current rents are significantly under market—three units are over $700 below potential—offering strong upside. Total monthly rent is $4,820, with tenants paying hydro. Located close to schools, amenities, and downtown Vernon, this is a solid buy-and-hold with future growth potential in both rental income and property value. (id:36535)

Features of 1604 45 Street

Listing # 10349715
Price $950,000
Bedrooms 8
Bathrooms 4.00
Square Footage 4,660
Acres 1.00
Year Built 1975
Type Single Family
Sub-Type Freehold

Community Information

Address 1604 45 Street
Subdivision South Vernon
City Vernon
Province British Columbia
Postal Code V1T7P8

Amenities

Parking Rear, RV
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Full

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of Dan English Of Coldwell Banker Executives Realty

Listing Map